What are the costs associated with owning a leasehold property

Leasehold properties often carry obligations to pay service charges to a management company, and in a number of cases also ground rent to a landlord. There are also possible additional costs and legal fees if you were to apply to extend a lease down the line once you have bought the property.

Please note that all information provided in this FAQ is for general reference only. It should not be used as a sole or definitive source, nor is it intended to be used for decision making in place of appropriate advice from a qualified legal professional. As such the information is provided as-is and Brevis cannot accept any responsibility or liability for any loss or damage resulting from any errors or ommission in, or any reliance on, information contained in this guide.