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Makes available the latest paragraphs for you to consider including in your Report on Title.
text for Report on Title:
ROT: Ground Rent likely to increase to over £250
Change Date : 20/02/2025 | Word Count: 259 | Deployment Measure : 9/10
Rationale:
Addresses situation where ground rent is currently below £250 but could exceed this, potentially classifying the lease as an Assured Shorthold Tenancy (AST), which may affect mortgages and resale. Lenders are cautious due to forfeiture risks. In this instance no indemnity insurance is currently available.