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Ground rent

Your lease will stipulate whether you pay a ground rent to the freeholder.

As a leasehold property, you do not own the land on which your property is built and the freeholder of this land may be due ground rent for the use of their land.

Your lease will stipulate how much is payable, if and when this will increase and when it is due.

Some leases refer to peppercorn rents. If your lease lists a peppercorn rent, this means that the rent is nominal and usually not collected by the freeholder.

For any other ground rent amounts, the freeholder of the land will serve you with a notice of ground rent along with the invoice in accordance with legislation as prescribed in Section 166 of the Commonhold and Leasehold Reform Act 2002.

Home Owners Rent, service charge and fees Ground rent