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Terms Explained: A to F

Apportionment method: The formula used to divide the landlord’s cost of managing the building between the residents in that building. See Apportionment of Service Charges for more information. Consequential works:…

Terms Explained: G to L

Ground Rent: An amount payable by a Leaseholder for rent of the land upon which the building containing the leased property is located. This can sometimes be a ‘token’ amount…

Terms Explained: M to R

Qualifying Long Term Agreements: Contracts of over 12 month which result in a leaseholder being charged £100 or more per year. Qualifying Works: Works which result in a charge of…

Terms Explained: S to Z

Section 20 Notice: A special kind of letter a landlord must send a leaseholder before they enter into a contract to carry out Qualifying Works or before they enter into…