Leasehold risk checklist
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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 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
- Major Works and Section 20 Basics
Major Works and Section 20 Basics for England & Wales leasehold buyers and investors.
- Major Works Timeline Questions
Major Works Timeline Questions for England & Wales leasehold buyers and investors.
- Budget vs Actual Spend
Budget vs Actual Spend for England & Wales leasehold buyers and investors.
Related topics
- Major works and building safety
Review Section 20 notices, major works timing, remediation references, and building safety signals that can create cost or delay risk.