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The latest paragraphs for you to consider including in your Terms & Conditions.

Text for Terms & Conditions

T's & C's: Escalating Ground Rent

Change date
15/05/2024
Word count
51
Deployment measure
9/10
Rationale

A paragraph suggesting that the client take the advice of an independent valuer in situations where the lease provides for an escalating ground rent. This is particularly important given the potential impact on the value of the property.

Where we identify a leasehold property is subject to Escalating Ground Rent, then you should seek advice from an independent valuer to ensure that you are paying the correct value …

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