Leasehold risk checklist
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LPE1 Form Red Flags
An LPE1 can look complete while still hiding gaps. This checklist helps you identify where follow-up evidence is needed.
Built for England & Wales leasehold transactions.
Checklist
- Confirm every section has either an answer or a clear 'not applicable' note.
- Cross-check LPE1 statements against attached accounts, insurance, and correspondence.
- Verify whether arrears, disputes, or tribunal references are disclosed.
- Check transfer/admin fees and notice requirements for completion.
- Check whether building safety documents are referenced and attached.
Warning signals
- High-level answers with no attached backup documents.
- Conflicting statements between LPE1 and accounts/correspondence.
- Unclear insurance or major works wording.
- Ground rent terms not matched to lease extract.
Questions to ask
- Please provide supporting documents for each disclosed fee.
- Which answers in the LPE1 rely on assumptions rather than final figures?
- Can you confirm any known or planned Section 20 consultation windows?
- Which lease clauses support the quoted administration fees?
Apply this to a live pack
This page is generic guidance. Use LeaseLens when you want pack-specific Quick Findings and the option to unlock the Full Report.
Related guides
- Ground Rent Escalation Clauses
Ground Rent Escalation Clauses for England & Wales leasehold buyers and investors.
- Lease Extract Priority Clauses
Lease Extract Priority Clauses for England & Wales leasehold buyers and investors.
- Major Works and Section 20 Basics
Major Works and Section 20 Basics for England & Wales leasehold buyers and investors.
Related topics
- LPE1, pack quality and missing documents
Use this topic hub when the leasehold pack looks incomplete, inconsistent, or hard to trust and the next step depends on chasing the right missing material.