Looking to sell your ground rents?
We buy almost any ground rent, no matter how big or small, in England and Wales.
Ground rent is paid by the owner of a building to the owner of the land on which the building sits, according to the lease terms.
As with our property purchases, our specialist team will ensure a fast and efficient sale, on any of the following:
- New apartments and mixed-use developments
- Period properties and listed buildings
- Older terraced houses
- Sites in financial difficulty or with previous issues such as defective leases or missing information
- Peppercorn or no rental income properties
- Probate properties
- Company purchases
- Short leases (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.