When the government gave secure tenants the right to buy their homes in 1980, 90 of our tenants bought long leases on their flats. Many have since been sold on the open market.
While there are some differences between the service we provide to tenants and to leaseholders, we pride ourselves on providing safe and secure homes and quality services to all our residents.
Worth bearing in mind:
- Leaseholders contribute to the maintenance of the entire property, so they can sometimes can sometimes face very large bills.
- London property values mean leaseholders are likely to benefit from ownership in the long run – particularly if prices continue to rise. Bear in mind that your share in the upkeep of the building could prove expensive.