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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Details

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. 1 May 2024

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

2. 30 March 2023

   Fee limits updated as of 1 April 2023

3. 28 March 2022

   LSE guidance updated for 2022-23

4. 31 March 2021

   Information updated for 2021-22

5. 31 March 2020

   LSE limit updated for 2020/21.

6. 29 March 2019

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

7. 3 April 2018

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

8. 28 July 2017

   Text clarified in attachment (26 July 2017)

9. 28 March 2017

   Dates and fee limit updated (28 March 2017).

10. 18 March 2016

    First published.