New Leasehold reform 2018

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    New Leasehold reform 2018

    What will this mean for ground rent freeholders, if reports are right some big changes are to be proposed through Parliament. Do you think ground rents will be a thing of the past? anyone noticed a decline in the market for ground rents? anyone else have any views on this ?

    This is just piling red herrings upon red herrings.

    There are massive problems in the leasehold sector which involve facilitated theft at every level, and an inability of lessees to hold freeholders to account under terms of their contract (leases) and existing leasehold law. The proposed changes do nothing whatever to address the actual problems. Ground rents are just a red herring - they are contracts knowingly entered into by consenting parties, and they factor into the sale price anyway.


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      Hi our lease states the FH can take 15% of total expenditure for management fees.
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      19-10-2018, 10:08 AM
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