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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 Rents and Mortgage Lenders

Change Date : 19/07/2022    |    Word Count: 165    |    Deployment Measure : 9/10
9/10
Rationale: The LRA 2022 is likely to create a two tier system of leasehold. The net result is that Pre-2022 leaseholds with ground rents will become increasingly undesirable as security for lenders. Within days of the LRA coming into force lenders were making significant changing their P2s
As stated elsewhere in this report, your lease obliges you to pay ground rent. The Leasehold Reform Act 2022 abolishes ground rents for future residential leaseholds; it has no real …


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