Information for leaseholders
In this section
- My Housing Executive portal
- Making Your Money Work
- Pay your bills
- Rent arrears
- Avoiding debt
- Social Sector Size Criteria-Bedroom Tax
- Tower blocks
- Universal Credit
- Transfers and exchanges
- Welfare Supplementary Payment
- HomeSwapper
- Tenancy conditions and advice
- Customer charter
- Rent scheme
- Rates
- Home contents insurance and TV licences
- Keeping pets
- Ending your tenancy
- Information for leaseholders
- Streets Ahead
Extending your Flat Leasehold Term
If you are a leaseholder of a former Housing Executive flat, it is now possible for you to apply to the Housing Executive to purchase an extension to the length of your lease term. A lease extension will give you a new lease term of 125 years. There is no limit to the number of times you can apply to extend your lease during your leasehold term.
Equity Sharing Leaseholders are not eligible to apply for a lease term extension until they have purchased 100% equity of their flat.
To be eligible for a lease extension:
1. You must be the current full registered owner of the flat. If there is more than one Leaseholder then all leaseholders must be included in the application.
2. You must not be in breach of any leaseholder covenants and conditions contained in your existing lease. However, your leasehold extension application may still be accepted if:
a) the breach is minor and the Housing Executive decides that it is not appropriate or reasonable in the particular circumstances for it to take any action to enforce the breach of the existing Lease;
b) you owe the Housing Executive service charges or any other monies payable under your existing Lease. However all service charges and other monies must be paid in full before the leasehold extension is granted.
3. Your flat must not be affected by any Housing Executive strategy or plan which would mean it is inappropriate for the Housing Executive to grant an extension to your existing lease term.
How much will it cost?
You will be required to pay a premium to the Housing Executive for granting a lease extension. The amount you will have to pay will depend on the term remaining on your current lease and the market value of your flat with a new lease term of 125 years.
A minimum premium of £2,500 will apply in all cases.
In addition to the premium, you will be required to cover all other expenses you incur for obtaining a leasehold extension. This is likely to include, but may not be restricted to, your own solicitors fees, costs and outlays and Land Registry fees.
You may incur some of these costs even if, for whatever reason, your application is not approved or a leasehold extension is not granted.
We advise that you discuss the full cost of the leasehold extension when instructing your solicitor before deciding if you wish to proceed.
To find out more about how to extend your lease please read Extending your Flat Leasehold Term - a guide for Leaseholders.
If you would like to apply for a lease extension, an application form is available below.
Our Leasehold Extension Premium Calculator provides an estimate of how much you might need to pay for a lease extension.