If you live in a flat or maisonette, Blackpool Council hold the freehold of the building and own the land your home is built on.
Leasehold is like a very long tenancy. The Lease is a legal contract between you and Blackpool Council as your Landlord and sets out your rights as leaseholder and the Council’s rights as freeholder.
Your lease gives you the right to live in your home for a fixed number of years – usually up to 125. The length of your lease reduces over time from the date it was originally taken out.
Blackpool Council owns the building in which you live and is responsible for looking after the structure and communal areas of the block.
Although Blackpool Council is your legal landlord, Blackpool Coastal Housing manages your home on behalf of the Council.