Notice

Leasehold schemes for the elderly management fee limit

Advice for private registered providers who own or manage retirement leasehold accommodation

From:
Regulator of Social Housing
Published
18 March 2016
Last updated
1 May 2024 — See all updates

Applies to England

Documents

Advice note: LSE management fee limit for 2024 to 25

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Updated 31 March 2024

This note advises private registered providers who own or manage retirement leasehold accommodation of management fee limits for the financial year 2024/25.

From 1 April 2024:

The basic limit will be: £600
The limit when management is contracted out to an agent who charges VAT will be: £688

These limits have been agreed with the Department for Levelling Up, Housing and Communities which has policy responsibility in this area.

Published 18 March 2016
Last updated 1 May 2024 + show all updates

  1. Updated with information about the LSE management fee limit for 2024-25

  2. Fee limits updated as of 1 April 2023

  3. LSE guidance updated for 2022-23

  4. Information updated for 2021-22

  5. LSE limit updated for 2020/21.

  6. Leaseholds scheme for the elderly management fee limits updated for 1 April 2019.

  7. Leasehold schemes for the elderly (LSE) management fee limits updated for 2018-19.

  8. Text clarified in attachment (26 July 2017)

  9. Dates and fee limit updated (28 March 2017).

  10. First published.

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