Transactions such as sales and remortgages of leasehold properties require formal notices that must be served to the council.
Notice of assignment
After a leasehold property has been sold, the new leaseholder's solicitor must send us a formal notice of assignment confirming the lease has been transferred within a month of the sale. This is known as a notice of assignment.
Notice of charge
If the leasehold property also has a mortgage, the new leaseholder's solicitor must also send us a formal notice confirming that a mortgage has been secured as a charge against the land registry. This is known as a notice of charge.
You'll also need to issue a notice of charge if you:
- buy a property with a mortgage
- add someone to your mortgage
- remortgage the property (get a new mortgage, or borrow more money on your existing mortgage)
Fees
- Notice of assignment: £75
- Notice of charge: £75
- Notice of assignment and notice of charge: £150
Apply
You can send us a formal notice of assignment and charge and pay the fee online.