Selling your flat

You have the right to sell your flat as long as you tell us within one calendar month after the sale. Your solicitor should check details of all ground rent, service charges and insurance policies, so that these can be taken into account when the transfer is completed.

In practice it is advisable that your solicitor contact us prior to sale to request information about the lease and any outstanding invoices or debts.  We will provide information to them and charge a fee of £50.00, this is payable to Gloucester City Homes.  It is usual for the purchasor's solicitor to ask for this information.

The City Council charges a fee to register a transfer (called the assignment of a lease) and to record the interest of the bank or building society if you have a mortgage.  The fee is currently £40 in each instance and is paid to Gloucester City Council. You should notify Legal Services, North Warehouse, The Docks, Gloucester, GL1 2EP.

There are rules for the passing of a flat when you die, depending on whether or not you have a will. You should get your own independent legal advice on how to do this.

NOTE OF CAUTION TO BUYERS: If you are thinking of buying a Leasehold Property it is advisable to instruct a solicitor that has experience in this area. Debts that are outstanding under the lease will transfer to you as the new owner if they are not paid off before completion.