Ground Rent Doubling

Ground rent is nothing new, paying the land owner a fee each year to occupy what is essentially their land seems reasonable and these costs are generally low.

Recently however greedy property developers saw an opportunity to squeeze even more cash from their projects and started not only selling new builds as leaseholds but including clauses that can cause the ground rent to increase exponentially over time.

In many cases this went unnoticed at the time of purchase and now tens of thousands of homeowners have been left with a problem.

The guru investigates doubling ground rent and its potential solutions, read on to find out what he found.  

ground rent doubling