Hi all

I am in the process of purchasing a leasehold flat.

It has an unexpired lease term of 115 years but the ground rent is £250 each year but doubling every 25 years (the next rent review is 2036 when it will double to £500).

Is this onerous and how do I calculate the ground rent % based on doubling ground rents as I'm aware anything over 0.10% is onerous.

I have had a quick look at the premium to buy out the lease - I estimate around 10k for the capitalisation of rent based on deterrent rate of 5%.

Any help/comments would be greatly appreciated.

I am in the process of purchasing a leasehold flat.

It has an unexpired lease term of 115 years but the ground rent is £250 each year but doubling every 25 years (the next rent review is 2036 when it will double to £500).

Is this onerous and how do I calculate the ground rent % based on doubling ground rents as I'm aware anything over 0.10% is onerous.

I have had a quick look at the premium to buy out the lease - I estimate around 10k for the capitalisation of rent based on deterrent rate of 5%.

Any help/comments would be greatly appreciated.

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