Lexsure Knowledge Hub

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

Text for Report on Title

ROT: The Ground Rent

Change date
22/06/2022
Word count
208
Deployment measure
8/10
Rationale

6.15d of the 2022 CQS (CPMS) specified that firms need to ensure that a lawyer must explain the practical and financial implications of any rent review provisions and the method of calculation. This particular sample relates to a £200 a month ground rent to be increased via RPI including reference to simulations/examples of projections.

To view the full text:

Subscribe Buy this text

Did a property problem come to light after you bought?

WhenIBought is a Lexsure service for homeowners who discover an issue when selling or remortgaging and wonder what was known, investigated or explained at the time of purchase. It offers a conversation about what happened and, where the records allow, what lenders required at the time. It does not determine whether anyone was at fault.

Other texts related to Leasehold