Owning a leasehold interest in your home is simply a long tenancy. The lease is usually set at 99 years. When the lease time runs out, the flat returns to Villages. You have the right to extend your lease, please read the Leaseholder FAQs for more information.

As a leaseholder, you will own everything within your home. We will continue to own the external structure, communal areas and the land the property stands on.

All leaseholders will receive an annual charge. These charges will vary dependent on the type of property you own but will include building’s insurance, ground rent and a management fee.

It is your responsibility to make the payments for service charges and major works. By setting up an online account using My Account, it is easy to pay and track how much you owe and have paid.

To find out how you can pay your service charges and other charges, check out the payments page.