News

Following extensive negative press and a campaign by disgruntled leaseholders over the doubling of ground rents every ten years, Taylor Wimpey have started a Ground Rent Review Assistance Scheme. The scheme is offered on a voluntary basis, which Taylor Wimpey say follows a comprehensive review that looked at concerns raised over the saleability and mortgageability … Continued

It has been reported that many homeowners who bought leasehold new-build properties from developers in the last ten years have been left with onerous ground rent clauses.  There is evidence that homeowners have been unable to sell their leasehold homes because prospective buyers have baulked at the onerous ground rent clause. RPI Typical ground rent … Continued