Looking to sell your ground rents?
We will consider almost any ground rents no matter how big all small throughout England and Wales.
With our expert knowledge and experience in ground rent acquisitions we can promise a swift, smooth transaction. Our focused team will provide you with regular updates ensuring peace of mind for all parties. We specialise in new development ground rents and we are able to exchange contract prior to commencement of works.
We deal with all types of property all over the county, we are perfectly place to purchase your ground rents on any of the following:
- New constructed apartments and mixed use developments
- Period properties and listed buildings
- Low ground rents, typically on older terraced houses
- Sites where issues have previously arisen
- Sites in financial difficulty
- Peppercorn or no rental income properties
- Defective leases
- Missing or limited information
- Probate properties
- Company Purchases
- Stock with short leases (a short lease is anything under 80 years)
Why invest in ground rents?
Ground rents are an excellent long term investment, 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 owning ground rents which often cause people to sell, as specialist in this field we are able to deal with the many issues that arise.
- Arrears in ground rent and maintenance charges
- Payment refusals
- Legal enforcements
- Lengthy correspondence for relevantly small returns
- Poor initial return on investment
What are ground rents?
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 lease should dictate how much rent is payable and when. Ground rent is often low and usually in the region of £50 per year. The frequency of payments vary from monthly, quarterly or 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 when the Ground Rent increases and by how much.