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The latest paragraphs for you to consider including in your Report on Title.

Text for Report on Title

ROT: High ground rent situation (now or in the future) i.e. over £250 outside London

Change date
20/10/2022
Word count
505
Deployment measure
9/10
Rationale

Advice to client where a ground rent for a leasehold property is outside London and the ground rent is above £250 per annum or may in the future be above the said threshold. This is an upgrade on the previous advice on the same subject matter.

It is of concern that the ground rent in accordance with the lease exceeds £250 per annum or may exceed £250 per annum during the term of the lease. Most …

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