Leasehold Management Information Pack

When selling a leasehold property, sellers will be asked to provide information about the management of the leasehold.

Seller's must apply to their freeholder or landlord for a leasehold management information pack, containing information on:

  • The last 3 years of the managing the company's accounts
  • Service charge and ground rent accounts
  • Buildings insurance details
  • Information about planned works
  • Details of any disputes
  • Fire risk surveys, asbestos surveys
  • Details of any applications to buy the freehold

Freeholders will usually make a charge for the provision of the pack.

Leasehold management information packs may also be referred to as:

  • Leasehold information packs
  • Leasehold management packs
  • Managing agent information packs
  • Replies to LPE1 enquiries

Important note:

With your solicitor instructed, ideally before you find a buyer, you should waste no time in applying for the leasehold management information packs. Obtaining management information is a major cause of delays in leasehold sale transactions - especially if you wait until you have found a buyer before applying for this information.

See also:

Selling a leasehold flat? What to do before going on the market

0
Chris Salmon, Director

Author:
Chris Salmon, Director