Text for CQS CPMS Policy
CQS Policy: Combined Service Charge and Ground Rent Threshold
Purchase this policy: Purchase of a Leasehold policy
- Change date
- 25/01/2024
- Word count
- 70
- Deployment measure
- 9/10
Rationale
This update requires checking if combined ground rent and service charges exceed 1.5% of property value, as exceeding this threshold could deter lenders and affect marketability.
Careful consideration must be given by you in calculating whether
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