Ground Rent: Problems Selling or Remortgaging?
Is your ground rent holding up a sale or remortgage? Perhaps your buyer’s lender objects to a doubling clause, frequent reviews or the amount payable. A deed of variation may now be requested, even though you obtained a mortgage when you bought.
Were the review terms and their possible effect on a future sale explained before you committed?
Visit When I Bought to explore the issue and arrange an initial conversation about what happened. You do not need to know whether anyone was at fault before getting in touch.
You could afford the ground rent. Were you told it could affect your sale?
Your buyer’s lender objects to the lease. A doubling clause or rent review is causing concern. Or the freeholder has been asked to agree a deed of variation before the transaction can proceed.
What were you told about those terms when you bought?
When I Bought helps you explore the original purchase and the records that may matter. You do not need to decide whether anyone was at fault before getting in touch.
Ground rent holding things up? Tell us what happened →
An initial conversation. No report to buy. No claim to start.
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Inadequate Leasehold Reports on Title: What the SRA Found
The Solicitors Regulation Authority’s review revealed that 23% of conveyancing firms inadequately advise leasehold homebuyers, often assuming clients understand the differences between freehold and leasehold. This has led to referrals of six firms for disciplinary action. Campaigners stress the need for accountability and compensation for affected leaseholders.
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Top Ten Important Changes to Reports on Title 2017
In the last twelve months the conveyancing fraternity witnessed significant changes to Part 2 of the UK Finance Mortgage Lenders’ Handbook. This, combined with the press and government focusing a spotlight on leasehold, resulted in firms considering how they should upgraded their Report on Title . In response to lender changes and in anticipation…