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What is a leaseholder?
A leaseholder is a person that holds a long lease of a flat or maisonette from Northampton Borough Council (the landlord). This means that they are the legal owner of the flat for the period of the lease. NPH are still responsible for providing common services and maintaining the exterior of the block and common parts.
This is a legal agreement between you and Northampton Borough Council (the Landlord). Every leaseholder has an equal responsibility for making sure that its terms and conditions are met. Your lease includes a plan showing your property edged in red. It will show any part of the tenancy that was included in the sale, such as:
- parking space
The building where your flat is is part of an estate. This may be as small as a single block containing two flats or a larger area containing several blocks in a common area. The estate is shown edged in blue on the plan (curtilage).
Our charges are based upon the services we provide. We know these vary. Most of our leases require the cost of the service to be shared equally between all the properties benefiting from the service. We have a duty to collect the leaseholder's share of these costs. The cost of building insurance (communal areas, structure and exterior only) is included in the service charge. Not all leaseholders receive all the services. You are only charged for the services that are provided to your building and estate.