Get in touchGet in touchA ground rent lease is an excellent long term investment and we are prepared to retain low returns in early years in the hope of growth in the future. We are aware of the pitfalls of a ground rent investment which often cause people to sell, such as the ground rent scandal with ground rent doubling every 10 years. However, as specialists in this field we are able to deal with the many issues that might arise.
If you own a long lease on a property in the UK you will usually pay rent to the freeholder or landlord of the property; this is known as Ground Rent. The ground rent lease should dictate how much rent is payable and when. Ground rent is most often low and usually in the region of £50 per year. The frequency of ground rent payments vary from monthly, quarterly and annually. Ground rent can be fixed or escalating. If it is fixed it means that it cannot increase or decrease throughout the term of the lease. Escalating Ground Rents will increase during the course of the lease. The lease will specify if there is a ground rent increase and by how much.
Our team are well informed and can answer any questions on ground rent management, doubling ground rent, ground rent increase law and property service charge. We can also provide you with a ground rent calculator if you need help organising your payments.