23 Operating lease commitments

GroupProperty
2016
£m
Plant and
equipment
2016
£m
Property
2015
£m
Plant and
equipment
2015
£m
Commitments under non-cancellable operating leases due
Within one year3.00.73.50.7
In the second to fifth years inclusive10.40.511.60.5
After five years278.6280.4
292.01.2295.51.2

In respect of the group's commitment to significant property leases, there are no contingent rentals payable, or restrictions on dividends, debt or further leasing imposed by these lease arrangements. Wherever possible, the group ensures that it has the benefit of security of tenure where this is required by operational and accommodation strategies. Escalation of rents is via rent reviews at agreed intervals.

The company had no operating lease commitments at 31 March 2016 or 31 March 2015.