Leasehold risk checklist
Section 20 Major Works Check
Section 20 signals can appear in letters, budgets, board minutes, or managing agent notes. You should identify exposure early.
Built for England & Wales leasehold transactions.
Checklist
- Search the pack for Section 20, consultation, major works, and tender references.
- Identify whether notices are exploratory, in consultation, or contracted.
- Estimate timing risk: immediate, within 12 months, or unspecified.
- Check whether reserve funds are likely to cover expected spend.
- Confirm who bears cost for building safety-related works.
Warning signals
- Consultation already issued with high-value scopes.
- Known urgent repairs with no budget allocation.
- Repeated mention of deferred works.
- No clear reserve strategy despite ageing assets.
Questions to ask
- What is the latest known cost range for proposed works?
- What stage is the consultation currently in?
- How much is expected to be funded from reserves vs one-off demands?
- Have any contractors been appointed and on what timeline?
Apply this to your actual pack
This page is generic guidance. Use the app to review your own pack and get findings with document references and downloadable files.