Enter property details to calculate leasehold costs
Ongoing costs for building maintenance, repairs, cleaning, lighting, and communal areas.
Typical range: £200-£600 per month depending on property size and location.
Can increase annually - check lease terms for caps and justification requirements.
Payment to the freeholder for the right to occupy the property. Often small but can double periodically.
Modern leases: £50-£200 per year. Older leases may be higher.
Check for "doubling clauses" and consider lease extension costs.
Additional costs beyond mortgage payments. Service charges and ground rent can significantly impact affordability. Consider lease extension costs and freehold purchase options. Always have lease checked by solicitor before purchase.
This calculator provides estimates based on the information you provide. Actual costs may vary based on your specific lease terms, building management, and annual increases.
Service charges and ground rent can increase over time. Always check your lease for escalation clauses, caps on increases, and your rights as a leaseholder.
Consider the total cost of leasehold ownership including potential lease extension costs. Freehold ownership eliminates many of these additional costs.
Always consult with a solicitor and leasehold specialist before purchasing a leasehold property.