As a leaseholder, you have bought the right to live in your home for a fixed amount of time as outlined in your lease agreement. This is typically 125 years, but can vary.
You don’t own the land surrounding you home or the building it’s in. If you decide to sell your home, the new buyer will purchase the years remaining on your lease. Coast & Country will be the freeholder of your building, any internal common areas and the gardens and grounds within the estate.
If you’re a leaseholder you’ll pay a service charge to Coast & Country towards the repair and maintenance of common areas, grounds and estates. Full details about your service charge will be included in your lease agreement.
If you’re a Coast & Country leaseholder and want to learn more about your rights and responsibilities, you can download our useful guide to Leasehold and service charge guide.pdf[pdf] 86KB here.