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Text for Report on Title

ROT: High ground rent situation i.e. over £250 outside London

Change date
01/05/2019
Word count
332
Deployment measure
9/10
Rationale

Advice to client concerning implication of ground rents over certain thresholds

It is of concern that the ground rent in accordance with the lease exceeds £250 per annum. Most people think of an Assured Shorthold Tenancy (AST) as a short-term let. It may come as a surprise, therefore, that your lease even with [ ] years remaining can also sometimes be regarded a AST. Traditionally long …

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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.

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