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Your lease

Your lease will tell you what your rights and responsibilities are as a leaseholder

When you bought your home you would have either signed a brand new lease, or were assigned an existing lease from the previous owner.

Your lease is a legal document that explains your rights and responsibilities as a leaseholder (or lessee) and the relationship between you and the landlord, as the freeholder (or lessor) of your home.

L&Q is not always the freeholder of the homes they are selling. This can be for a variety of reasons, one being that L&Q bought a block of homes from a developer who retains the freehold of the entire development. Your lease agreement will clearly set out who the freeholder is, the ground rent payments and the terms of your lease. 

Your lease will generally run for a term of up to 250 years. As your lease gets shorter, the value of the lease decreases and this can affect the price of your home when you come to sell. To find out more about extending your lease, visit our lease extensions page.

Your solicitor should have explained the main clauses within the lease before you bought your home – but a lease can sometimes be a complicated document to read, so, if you have any questions your solicitor or our customer service centre will be happy to help you.

Your lease explains:

  • when and what you are responsible for paying – for example, service charges, rent, ground rent and insurance
  • how you can sell your home
  • what you are responsible for in terms of maintenance of your home, and what we are responsible for
  • what home improvements you can do, and when you will require our permission
  • whether you can sublet
  • if you're a shared owner, how much the rent charges will increase by and when
  • if you're a a shared owner, how you can buy more shares in your home

A plan may be attached to your lease. This plan will show the boundaries of your home, as well as any car-parking spaces and the fences and walls that are your responsibility to maintain.

The lease contains legally binding responsibilities both for you and us.

Your responsibilities:

  • you must pay your rent, service charges and ground rent as set out in your lease
  • you must not carry out major alterations to your home without our permission
  • you must not cause a nuisance or annoy your neighbours
  • you must keep your home in good repair inside and out if you have a house and inside if you have an apartment
  • you must get permission from us to keep a pet, fit wooden flooring or fit a satellite dish if you live in an apartment

Our responsibilities:

If you would like any more information about your lease you can do so in several ways:

You can contact our customer service centre.

You can visit the Institute of Residential Property Management website for information on owning a leasehold property.

You can visit the lease advice website for impartial advice and guidance on a range of leasehold matters.

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