Your responsibilities
As a shared owner, you’re responsible for:
- All repairs and maintenance, once the defect period with the developer is over
- Paying rent, service charges and/or third-party management charges, building and contents insurance and other charges
- Paying for utilities supplied to your home, such as gas, electricity, internet etc.
- Asking for permission from us to carry out alterations, additions and improvements to your home
- Having your boiler serviced by a ‘Gas Safe’ registered engineer every year
You’re also not allowed to sub-let your home and you shouldn’t borrow additional money against your home.
This is a list of common examples – you should look at your lease to find out more information about your responsibilities.
Our responsibilities
As your landlord for the rented portion of your home, we’re responsible for:
- Insuring the building
- Complying with our landlord covenants in your lease, deed or transfer document