Leasehold Reform (Ground Rent) Bill introduced

Following the announcement in the Queen’s Speech, the government has introduced the Leasehold Reform (Ground Rent) Bill. The Ground Rent Bill restricts ground rents on newly established long residential leaseholds to one peppercorn per year, thus effectively restricting ground rents to a zero financial value. The Ground Rent Bill [...]

By |2021-07-18T19:12:13+01:0020 May 2021|Blogs, ground rent, legal update|0 Comments

Ground rent demands: don’t forget about the lease (part 2)

Anyone involved in residential block management will know the importance of reading, understanding and implementing the terms of the lease. Indeed, I’m often to be found on my soapbox reminding landlords (and their agents) of the importance of adhering to the mechanisms set down by the lease, and (where there is [...]

By |2021-06-29T18:51:19+01:0029 December 2020|Blogs, ground rent, legal update|0 Comments

Ground rent reviews: to what extent can time be made of the essence?

Where residential leases provide for a ground rent to be paid, it’s not uncommon for the ground rent to be subject to review. The lease will set out the mechanism for the review, including the date(s) on which the review can be undertaken. It’s not uncommon for the revised rent [...]

By |2021-06-27T18:11:30+01:003 December 2020|Blogs, ground rent, legal update|0 Comments

Ground rent: don’t forget about the lease (part 1)

I am often to be found on my soap box reminding landlords (and their agents) of the importance of reading, understanding and implementing any mechanisms that set down by the Lease for the recovery of any monies due from leaseholders under that lease, and also (where there’s a prescribed [...]

By |2021-07-16T12:56:11+01:0029 November 2020|Blogs, ground rent|0 Comments
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