October 12, 2026: OFSI adds General Licence for Rents & Service charges


Office of Financial Sanctions Implementation HM Treasury

OFSI issues General Licence for Ground Rent and Service Charge Payments

OFSI has issued the Ground Rent and Service Charge Payments General Licence (INT/2026/10050568).

The General Licence permits designated persons (DPs), or persons acting on their behalf, to make payments to a UK bank account held by a landlord, managing agent, or a person acting on behalf of a landlord for ground rent, service charges and certain late payment fees relating to an eligible lease of a relevant property in England or Wales.

The General Licence also permits landlords, managing agents and persons acting on their behalf to receive such payments and, where applicable, transfer funds to a superior landlord or hold overpayments as credit towards future liabilities.

The General Licence does not permit any payments to be made to DPs.

The General Licence INT/2026/10050568 takes effect from 12 October 2026 and expires at 23:59 on 11 October 2027. Those relying on the licence must comply with its conditions, reporting obligations and record-keeping requirements.

The General Licence:

and the Publication Notice:


Leave a Reply

Discover more from Mr. Sanctions

Subscribe now to keep reading and get access to the full archive.

Continue reading