Issue a notice of assignment, sub-letting or charge on a leasehold property
Transactions such as sales, sub-lettings and charges (re-mortgages) need a notice of assignment, sub-letting or transfer and/or charge being served to us, as landlord.
In certain circumstances you will need our consent before you issue a notice – the clauses set out in your lease will tell you what our requirements are.
Notice of assignment
If you have recently sold your leasehold property this means that you have assigned the lease to someone else.
It is the responsibility of the buyer’s solicitor to send us a notice of transfer and pay the fee so that we can update our records. The notice should be issued by the buyer’s solicitor within one month.
Notice of sub-letting
If your lease allows you to sub-let your property, this means that you can grant an underlease to someone else. It is the responsibility of the buyer’s solicitor to send us a notice of sub-letting, a copy of the sub-lease and pay the fee so that we can update our records. The notice should be issued by the buyer’s solicitor within one month.
Notice of charge (re-mortgage)
This is a notice confirming that a mortgage has been secured as a charge against the property. This notice should be service alongside the notice of assignment if you are also registering a purchase.
You will also need to issue a notice of charge if you:
- add someone to your mortgage; or
- re-mortgage the property (get a new mortgage, or borrow more money on your existing mortgage)
Costs for this service
In most cases, your lease will stipulate the amount you need to pay. Please check before issuing your notice.
If your lease doesn't stipulate the amount, the standard fee per notice is £80. For example, if you wish to serve notice for an assignment and charge, the standard fee would be £160.
You should seek independent legal advice if you are unsure about what is required.
How to issue and pay for a notice
You can do this online by completing the form below. Depending on the type of notice, you will need to upload a copy of the notice of charge or sub-lease, and a copy of the council’s consent, if this is required.
What happens next?
Once we have received your notice, we will review it and contact you within 28 working days.