[{"data":1,"prerenderedAt":794},["ShallowReactive",2],{"content-/block-management/leases":3,"docs-toc":460},{"_path":4,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":8,"description":9,"type":10,"status":11,"applies_to":12,"last_reviewed":13,"related":14,"body":19,"_type":454,"_id":455,"_source":456,"_file":457,"_stem":458,"_extension":459},"/block-management/leases","block-management",false,"","Leases","The lease record on each unit, ground rent terms, late payment charge terms, and applying terms to many units at once.","guide","live",[5],"2026-07-07",[15,16,17,18],"/block-management/ground-rent","/block-management/arrears-management","/block-management/freeholder-income-and-payouts","/block-management/lease-schedules",{"type":20,"children":21,"toc":444},"root",[22,30,44,51,56,139,144,150,213,232,237,242,279,298,310,320,326,336,342,347,398,403,412,418],{"type":23,"tag":24,"props":25,"children":27},"element","h1",{"id":26},"leases",[28],{"type":29,"value":8},"text",{"type":23,"tag":31,"props":32,"children":33},"p",{},[34,36,42],{"type":29,"value":35},"Every unit in a block is held under a lease, and the lease governs what the leaseholder pays beyond the service charge: the ground rent, and any charges for paying late. PropLink records these terms on a ",{"type":23,"tag":37,"props":38,"children":39},"strong",{},[40],{"type":29,"value":41},"lease record",{"type":29,"value":43}," attached to each unit, and the rest of the platform reads from it, ground rent demands, arrears late payment fees and freeholder payouts all follow the lease.",{"type":23,"tag":45,"props":46,"children":48},"h2",{"id":47},"the-lease-record",[49],{"type":29,"value":50},"The lease record",{"type":23,"tag":31,"props":52,"children":53},{},[54],{"type":29,"value":55},"A lease record captures:",{"type":23,"tag":57,"props":58,"children":59},"ul",{},[60,71,81,91,101,119,129],{"type":23,"tag":61,"props":62,"children":63},"li",{},[64,69],{"type":23,"tag":37,"props":65,"children":66},{},[67],{"type":29,"value":68},"Leaseholder",{"type":29,"value":70},": the primary leaseholder contact. Defaults to the unit's primary billable contact.",{"type":23,"tag":61,"props":72,"children":73},{},[74,79],{"type":23,"tag":37,"props":75,"children":76},{},[77],{"type":29,"value":78},"Dates and term",{"type":29,"value":80},": start date, end date and term length in years (for example 125 years). Expired leases are flagged but their terms remain in force for debts accrued under them.",{"type":23,"tag":61,"props":82,"children":83},{},[84,89],{"type":23,"tag":37,"props":85,"children":86},{},[87],{"type":29,"value":88},"Title number",{"type":29,"value":90},": the Land Registry leasehold title number.",{"type":23,"tag":61,"props":92,"children":93},{},[94,99],{"type":23,"tag":37,"props":95,"children":96},{},[97],{"type":29,"value":98},"Break clause",{"type":29,"value":100},": the earliest break date and its conditions.",{"type":23,"tag":61,"props":102,"children":103},{},[104,109,111,117],{"type":23,"tag":37,"props":105,"children":106},{},[107],{"type":29,"value":108},"Ground rent terms",{"type":29,"value":110},": annual amount, payment frequency (including peppercorn), next review date and review pattern. See ",{"type":23,"tag":112,"props":113,"children":114},"a",{"href":15},[115],{"type":29,"value":116},"Ground rent",{"type":29,"value":118},".",{"type":23,"tag":61,"props":120,"children":121},{},[122,127],{"type":23,"tag":37,"props":123,"children":124},{},[125],{"type":29,"value":126},"Late payment charge terms",{"type":29,"value":128},": whether late payment fees are charged, the charge type, the rate or amount, and the grace period.",{"type":23,"tag":61,"props":130,"children":131},{},[132,137],{"type":23,"tag":37,"props":133,"children":134},{},[135],{"type":29,"value":136},"Linked lease schedule",{"type":29,"value":138},": the apportionment schedule the unit contributes through, if you want the link recorded.",{"type":23,"tag":31,"props":140,"children":141},{},[142],{"type":29,"value":143},"Each unit has at most one active lease. Deleting a lease keeps it as a historic record and lets you record a replacement, for example after a lease extension.",{"type":23,"tag":45,"props":145,"children":147},{"id":146},"add-a-lease-to-a-unit",[148],{"type":29,"value":149},"Add a lease to a unit",{"type":23,"tag":151,"props":152,"children":153},"steps",{},[154],{"type":23,"tag":155,"props":156,"children":157},"ol",{},[158,177,188,193,198,203],{"type":23,"tag":61,"props":159,"children":160},{},[161,163,168,170,175],{"type":29,"value":162},"Open the unit from ",{"type":23,"tag":37,"props":164,"children":165},{},[166],{"type":29,"value":167},"Portfolio → Units",{"type":29,"value":169}," and click its ",{"type":23,"tag":37,"props":171,"children":172},{},[173],{"type":29,"value":174},"Lease",{"type":29,"value":176}," tab.",{"type":23,"tag":61,"props":178,"children":179},{},[180,182,187],{"type":29,"value":181},"Click ",{"type":23,"tag":37,"props":183,"children":184},{},[185],{"type":29,"value":186},"Add Lease",{"type":29,"value":118},{"type":23,"tag":61,"props":189,"children":190},{},[191],{"type":29,"value":192},"Pick the leaseholder and enter the lease dates, term and title number.",{"type":23,"tag":61,"props":194,"children":195},{},[196],{"type":29,"value":197},"Enter the ground rent terms.",{"type":23,"tag":61,"props":199,"children":200},{},[201],{"type":29,"value":202},"Enter the late payment charge terms if the lease allows charging for late payment.",{"type":23,"tag":61,"props":204,"children":205},{},[206,207,211],{"type":29,"value":181},{"type":23,"tag":37,"props":208,"children":209},{},[210],{"type":29,"value":186},{"type":29,"value":212}," to save.",{"type":23,"tag":31,"props":214,"children":215},{},[216,218,223,225,230],{"type":29,"value":217},"The Lease tab then shows the recorded terms, with ",{"type":23,"tag":37,"props":219,"children":220},{},[221],{"type":29,"value":222},"Edit Lease",{"type":29,"value":224}," and ",{"type":23,"tag":37,"props":226,"children":227},{},[228],{"type":29,"value":229},"Delete",{"type":29,"value":231}," available.",{"type":23,"tag":45,"props":233,"children":235},{"id":234},"late-payment-charge-terms",[236],{"type":29,"value":126},{"type":23,"tag":31,"props":238,"children":239},{},[240],{"type":29,"value":241},"Leases vary in what they allow you to charge for late payment. On the lease you set:",{"type":23,"tag":57,"props":243,"children":244},{},[245,269],{"type":23,"tag":61,"props":246,"children":247},{},[248,253,255,260,262,267],{"type":23,"tag":37,"props":249,"children":250},{},[251],{"type":29,"value":252},"Charge type",{"type":29,"value":254},": a ",{"type":23,"tag":37,"props":256,"children":257},{},[258],{"type":29,"value":259},"fixed amount",{"type":29,"value":261}," (for example £50.00) or a ",{"type":23,"tag":37,"props":263,"children":264},{},[265],{"type":29,"value":266},"percentage of the outstanding arrears",{"type":29,"value":268}," at the time of charging (for example 2.5%).",{"type":23,"tag":61,"props":270,"children":271},{},[272,277],{"type":23,"tag":37,"props":273,"children":274},{},[275],{"type":29,"value":276},"Grace period",{"type":29,"value":278},": the number of days a balance must be overdue before a charge may be applied.",{"type":23,"tag":31,"props":280,"children":281},{},[282,284,289,291,297],{"type":29,"value":283},"These terms drive the arrears workflow: steps configured to charge a fee calculate the amount from the lease, and the manual ",{"type":23,"tag":37,"props":285,"children":286},{},[287],{"type":29,"value":288},"Apply Charge",{"type":29,"value":290}," action on an arrears case does the same. Units with no lease or inactive terms are never charged. See ",{"type":23,"tag":112,"props":292,"children":294},{"href":293},"/block-management/arrears-management#charging-late-payment-fees",[295],{"type":29,"value":296},"Arrears management",{"type":29,"value":118},{"type":23,"tag":31,"props":299,"children":300},{},[301,303,308],{"type":29,"value":302},"Late payment charges belong to the landlord. Paid charges flow into ",{"type":23,"tag":112,"props":304,"children":305},{"href":17},[306],{"type":29,"value":307},"freeholder income",{"type":29,"value":309}," with a default split of 100% to the freeholder, configurable per site.",{"type":23,"tag":311,"props":312,"children":314},"warning",{"title":313},"Lease terms govern fees",[315],{"type":23,"tag":31,"props":316,"children":317},{},[318],{"type":29,"value":319},"Only configure charges the lease actually permits. The First-tier Tribunal regularly disallows fees that have no basis in the lease.",{"type":23,"tag":45,"props":321,"children":323},{"id":322},"site-leases-overview",[324],{"type":29,"value":325},"Site leases overview",{"type":23,"tag":31,"props":327,"children":328},{},[329,334],{"type":23,"tag":37,"props":330,"children":331},{},[332],{"type":29,"value":333},"Site → Financials → Leases",{"type":29,"value":335}," lists every lease at the site with the unit, leaseholder, dates, ground rent and late payment terms. Click a row to open the unit's Lease tab.",{"type":23,"tag":45,"props":337,"children":339},{"id":338},"apply-terms-to-many-units-at-once",[340],{"type":29,"value":341},"Apply terms to many units at once",{"type":23,"tag":31,"props":343,"children":344},{},[345],{"type":29,"value":346},"Most blocks grant near-identical leases, so PropLink lets you set the same terms across the site in one action:",{"type":23,"tag":151,"props":348,"children":349},{},[350],{"type":23,"tag":155,"props":351,"children":352},{},[353,370,382,387],{"type":23,"tag":61,"props":354,"children":355},{},[356,358,362,364,369],{"type":29,"value":357},"Open ",{"type":23,"tag":37,"props":359,"children":360},{},[361],{"type":29,"value":333},{"type":29,"value":363}," and click ",{"type":23,"tag":37,"props":365,"children":366},{},[367],{"type":29,"value":368},"Apply Terms to Units",{"type":29,"value":118},{"type":23,"tag":61,"props":371,"children":372},{},[373,375,380],{"type":29,"value":374},"Choose the scope: ",{"type":23,"tag":37,"props":376,"children":377},{},[378],{"type":29,"value":379},"all units at the site",{"type":29,"value":381},", or a selection of units.",{"type":23,"tag":61,"props":383,"children":384},{},[385],{"type":29,"value":386},"Enter the ground rent and late payment terms to apply.",{"type":23,"tag":61,"props":388,"children":389},{},[390,392,397],{"type":29,"value":391},"Review the summary and click ",{"type":23,"tag":37,"props":393,"children":394},{},[395],{"type":29,"value":396},"Apply Terms",{"type":29,"value":118},{"type":23,"tag":31,"props":399,"children":400},{},[401],{"type":29,"value":402},"Units without a lease get a new lease record; units with a lease have their ground rent and late payment terms replaced. The result shows how many leases were created, how many updated, and any failures.",{"type":23,"tag":311,"props":404,"children":406},{"title":405},"Bulk apply overwrites",[407],{"type":23,"tag":31,"props":408,"children":409},{},[410],{"type":29,"value":411},"Applying terms replaces the existing ground rent and late payment terms on every targeted lease. Unit-specific details such as dates, title number and leaseholder are not touched.",{"type":23,"tag":45,"props":413,"children":415},{"id":414},"leases-and-lease-schedules",[416],{"type":29,"value":417},"Leases and lease schedules",{"type":23,"tag":419,"props":420,"children":421},"note",{},[422],{"type":23,"tag":31,"props":423,"children":424},{},[425,427,432,434,442],{"type":29,"value":426},"A ",{"type":23,"tag":37,"props":428,"children":429},{},[430],{"type":29,"value":431},"lease",{"type":29,"value":433}," records the terms of one unit's leasehold agreement. A ",{"type":23,"tag":37,"props":435,"children":436},{},[437],{"type":23,"tag":112,"props":438,"children":439},{"href":18},[440],{"type":29,"value":441},"lease schedule",{"type":29,"value":443}," is an apportionment schedule that splits site expenditure across units. They are related but different records; a lease can point at the schedule its unit contributes through.",{"title":7,"searchDepth":445,"depth":445,"links":446},3,[447,449,450,451,452,453],{"id":47,"depth":448,"text":50},2,{"id":146,"depth":448,"text":149},{"id":234,"depth":448,"text":126},{"id":322,"depth":448,"text":325},{"id":338,"depth":448,"text":341},{"id":414,"depth":448,"text":417},"markdown","content:06.block-management:leases.md","content","06.block-management/leases.md","06.block-management/leases","md",{"_path":4,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":8,"description":9,"type":10,"status":11,"applies_to":461,"last_reviewed":13,"related":462,"body":463,"_type":454,"_id":455,"_source":456,"_file":457,"_stem":458,"_extension":459},[5],[15,16,17,18],{"type":20,"children":464,"toc":786},[465,469,478,482,486,550,554,558,608,622,626,630,659,673,682,689,693,701,705,709,751,755,762,766],{"type":23,"tag":24,"props":466,"children":467},{"id":26},[468],{"type":29,"value":8},{"type":23,"tag":31,"props":470,"children":471},{},[472,473,477],{"type":29,"value":35},{"type":23,"tag":37,"props":474,"children":475},{},[476],{"type":29,"value":41},{"type":29,"value":43},{"type":23,"tag":45,"props":479,"children":480},{"id":47},[481],{"type":29,"value":50},{"type":23,"tag":31,"props":483,"children":484},{},[485],{"type":29,"value":55},{"type":23,"tag":57,"props":487,"children":488},{},[489,497,505,513,521,534,542],{"type":23,"tag":61,"props":490,"children":491},{},[492,496],{"type":23,"tag":37,"props":493,"children":494},{},[495],{"type":29,"value":68},{"type":29,"value":70},{"type":23,"tag":61,"props":498,"children":499},{},[500,504],{"type":23,"tag":37,"props":501,"children":502},{},[503],{"type":29,"value":78},{"type":29,"value":80},{"type":23,"tag":61,"props":506,"children":507},{},[508,512],{"type":23,"tag":37,"props":509,"children":510},{},[511],{"type":29,"value":88},{"type":29,"value":90},{"type":23,"tag":61,"props":514,"children":515},{},[516,520],{"type":23,"tag":37,"props":517,"children":518},{},[519],{"type":29,"value":98},{"type":29,"value":100},{"type":23,"tag":61,"props":522,"children":523},{},[524,528,529,533],{"type":23,"tag":37,"props":525,"children":526},{},[527],{"type":29,"value":108},{"type":29,"value":110},{"type":23,"tag":112,"props":530,"children":531},{"href":15},[532],{"type":29,"value":116},{"type":29,"value":118},{"type":23,"tag":61,"props":535,"children":536},{},[537,541],{"type":23,"tag":37,"props":538,"children":539},{},[540],{"type":29,"value":126},{"type":29,"value":128},{"type":23,"tag":61,"props":543,"children":544},{},[545,549],{"type":23,"tag":37,"props":546,"children":547},{},[548],{"type":29,"value":136},{"type":29,"value":138},{"type":23,"tag":31,"props":551,"children":552},{},[553],{"type":29,"value":143},{"type":23,"tag":45,"props":555,"children":556},{"id":146},[557],{"type":29,"value":149},{"type":23,"tag":151,"props":559,"children":560},{},[561],{"type":23,"tag":155,"props":562,"children":563},{},[564,578,587,591,595,599],{"type":23,"tag":61,"props":565,"children":566},{},[567,568,572,573,577],{"type":29,"value":162},{"type":23,"tag":37,"props":569,"children":570},{},[571],{"type":29,"value":167},{"type":29,"value":169},{"type":23,"tag":37,"props":574,"children":575},{},[576],{"type":29,"value":174},{"type":29,"value":176},{"type":23,"tag":61,"props":579,"children":580},{},[581,582,586],{"type":29,"value":181},{"type":23,"tag":37,"props":583,"children":584},{},[585],{"type":29,"value":186},{"type":29,"value":118},{"type":23,"tag":61,"props":588,"children":589},{},[590],{"type":29,"value":192},{"type":23,"tag":61,"props":592,"children":593},{},[594],{"type":29,"value":197},{"type":23,"tag":61,"props":596,"children":597},{},[598],{"type":29,"value":202},{"type":23,"tag":61,"props":600,"children":601},{},[602,603,607],{"type":29,"value":181},{"type":23,"tag":37,"props":604,"children":605},{},[606],{"type":29,"value":186},{"type":29,"value":212},{"type":23,"tag":31,"props":609,"children":610},{},[611,612,616,617,621],{"type":29,"value":217},{"type":23,"tag":37,"props":613,"children":614},{},[615],{"type":29,"value":222},{"type":29,"value":224},{"type":23,"tag":37,"props":618,"children":619},{},[620],{"type":29,"value":229},{"type":29,"value":231},{"type":23,"tag":45,"props":623,"children":624},{"id":234},[625],{"type":29,"value":126},{"type":23,"tag":31,"props":627,"children":628},{},[629],{"type":29,"value":241},{"type":23,"tag":57,"props":631,"children":632},{},[633,651],{"type":23,"tag":61,"props":634,"children":635},{},[636,640,641,645,646,650],{"type":23,"tag":37,"props":637,"children":638},{},[639],{"type":29,"value":252},{"type":29,"value":254},{"type":23,"tag":37,"props":642,"children":643},{},[644],{"type":29,"value":259},{"type":29,"value":261},{"type":23,"tag":37,"props":647,"children":648},{},[649],{"type":29,"value":266},{"type":29,"value":268},{"type":23,"tag":61,"props":652,"children":653},{},[654,658],{"type":23,"tag":37,"props":655,"children":656},{},[657],{"type":29,"value":276},{"type":29,"value":278},{"type":23,"tag":31,"props":660,"children":661},{},[662,663,667,668,672],{"type":29,"value":283},{"type":23,"tag":37,"props":664,"children":665},{},[666],{"type":29,"value":288},{"type":29,"value":290},{"type":23,"tag":112,"props":669,"children":670},{"href":293},[671],{"type":29,"value":296},{"type":29,"value":118},{"type":23,"tag":31,"props":674,"children":675},{},[676,677,681],{"type":29,"value":302},{"type":23,"tag":112,"props":678,"children":679},{"href":17},[680],{"type":29,"value":307},{"type":29,"value":309},{"type":23,"tag":311,"props":683,"children":684},{"title":313},[685],{"type":23,"tag":31,"props":686,"children":687},{},[688],{"type":29,"value":319},{"type":23,"tag":45,"props":690,"children":691},{"id":322},[692],{"type":29,"value":325},{"type":23,"tag":31,"props":694,"children":695},{},[696,700],{"type":23,"tag":37,"props":697,"children":698},{},[699],{"type":29,"value":333},{"type":29,"value":335},{"type":23,"tag":45,"props":702,"children":703},{"id":338},[704],{"type":29,"value":341},{"type":23,"tag":31,"props":706,"children":707},{},[708],{"type":29,"value":346},{"type":23,"tag":151,"props":710,"children":711},{},[712],{"type":23,"tag":155,"props":713,"children":714},{},[715,729,738,742],{"type":23,"tag":61,"props":716,"children":717},{},[718,719,723,724,728],{"type":29,"value":357},{"type":23,"tag":37,"props":720,"children":721},{},[722],{"type":29,"value":333},{"type":29,"value":363},{"type":23,"tag":37,"props":725,"children":726},{},[727],{"type":29,"value":368},{"type":29,"value":118},{"type":23,"tag":61,"props":730,"children":731},{},[732,733,737],{"type":29,"value":374},{"type":23,"tag":37,"props":734,"children":735},{},[736],{"type":29,"value":379},{"type":29,"value":381},{"type":23,"tag":61,"props":739,"children":740},{},[741],{"type":29,"value":386},{"type":23,"tag":61,"props":743,"children":744},{},[745,746,750],{"type":29,"value":391},{"type":23,"tag":37,"props":747,"children":748},{},[749],{"type":29,"value":396},{"type":29,"value":118},{"type":23,"tag":31,"props":752,"children":753},{},[754],{"type":29,"value":402},{"type":23,"tag":311,"props":756,"children":757},{"title":405},[758],{"type":23,"tag":31,"props":759,"children":760},{},[761],{"type":29,"value":411},{"type":23,"tag":45,"props":763,"children":764},{"id":414},[765],{"type":29,"value":417},{"type":23,"tag":419,"props":767,"children":768},{},[769],{"type":23,"tag":31,"props":770,"children":771},{},[772,773,777,778,785],{"type":29,"value":426},{"type":23,"tag":37,"props":774,"children":775},{},[776],{"type":29,"value":431},{"type":29,"value":433},{"type":23,"tag":37,"props":779,"children":780},{},[781],{"type":23,"tag":112,"props":782,"children":783},{"href":18},[784],{"type":29,"value":441},{"type":29,"value":443},{"title":7,"searchDepth":445,"depth":445,"links":787},[788,789,790,791,792,793],{"id":47,"depth":448,"text":50},{"id":146,"depth":448,"text":149},{"id":234,"depth":448,"text":126},{"id":322,"depth":448,"text":325},{"id":338,"depth":448,"text":341},{"id":414,"depth":448,"text":417},1783878849905]