Leaseholders
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What do you all do, if anything, in regards to Leaseholder Gas Safety.
From my view as a responsible landlord we need to demonstrate that we have taken a legitimate interest in the leaseholder’s safety and the safety of tenants in neighbouring properties. For this I have found 3 main options:
• Annual maintenance charge for the property including the undertaking of annual service and LGSR
• Requirement of the lease that appliances are serviced annually (in accordance with MIs) and proof provided to landlord by way of LGSR
• Landlord offers to undertake the service/LGSR at the same rate as for internal stock.Enforcing the option is another thing and really relies on a good leasehold agreement, so probably too late on existing properties.
The final point: what about shared ownership with a 125 year lease agreement?
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