COOKIE NOTICE: Irwell Valley uses cookies to store information on your computer, in order to improve your experience when using our website. One of the cookies we use is essential for parts of the site to operate and has already been set. You may delete and block all cookies from this site (using your browser), but parts of the site may not work. To find out more about the cookies we use and how to delete them, Read More.

Leaseholders

A Leaseholder is the person named on a lease that they have bought. A lease is a legally binding contract that contains your rights and obligations as a leaseholder and our rights and obligations as the owner of the freehold. Buying a lease buys you the right to live in your home for a fixed number of years. Your lease will state how long this is – in your lease it will be referred to as the ‘term’.

Where irwell valley homes is the freeholder/landlord of your building, we own the building and any shared areas, such as the corridors. We call these communal areas.

As a leaseholder, you are responsible for contributing towards the cost of any repairs or maintenance to the shared areas, and any communal services, for example cleaning shared corridors. We are responsible for repairing the building, internal shared areas and the grounds/gardens. All Leaseholders pay for these repairs and services through service charges.

Top