As a leaseholder you may sell your property and assign the lease to a new owner at any time.

If you completed your purchase under right to buy, you may have to repay some or all of the discount you received when you bought the property. The amount of discount you have to pay back is a percentage of the property value on resale. This figure will be reduced by one fifth for each full year after the original date of completion of the sale.

Right of first refusal

If your application to buy your property was made after 17 January 2005, your lease or title deeds will state that you have an obligation to offer the property back to the council before offering it for sale on the open market, if you wish to sell within the first 10 years of acquiring your property through the right to buy scheme.

This is called the right of first refusal and means we have the right to buy the property at the full open market value price before any other buyers are sought or considered. We will let you know in writing if we choose to exercise this right and our requirements for the issue of a Certificate of compliance.

Sales and Leasing team

Post: Town Hall, 1 Town Square, Barking IG11 7LU

Email: righttobuy@lbbd.gov.uk

Telephone: 0208 227 2529

Pre-assignment enquiries

The person who is buying your property will want details of:

• service charges
• Reserve Fund account
• any service charge arrears
• planned major works for which they might have to pay
• they might also want details of the building’s insurance and other information about the block and estate

These are called pre-assignment enquiries. Your solicitor should contact our Sales and Leasing team for this information.

Sales and Leasing team

Email: leasehold@lbbd.gov.uk

Telephone: 0208 227 2529

The charge for providing pre-assignment information is £461 including VAT.

Pay for pre-assignment information

Please note that we no longer accept payments made by cheque. All payments must be made online.

Notice of assignment

Within one month of the sale of your leasehold property taking place, the solicitor acting for the new leaseholder must register the change of ownership with our Sales and Leasing section. This is known as a notice of assignment.

Sales and Leasing team

Email: leasehold@lbbd.gov.uk

Telephone: 0208 227 2529

The charge for a notice of assignment is £224.

Notice of charge

If there is a mortgage on the flat, you must register your lender’s interest. This known as a notice of charge.

Sales and Leasing team

Email: leasehold@lbbd.gov.uk

Telephone: 0208 227 2529

The charge for a notice of charge is £224.

Pay for a notice of assignment or a notice of charge