Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I am buying a new flat with ground rent arrears, why is it so important that these are settled before my going ahead as I am willing to negotiate the difference directly with the owner?

0
Posted

I am buying a new flat with ground rent arrears, why is it so important that these are settled before my going ahead as I am willing to negotiate the difference directly with the owner?

0

The ground rent figure may appear nominal but a refusal to accept or invoice ground rent by the freeholder is a way that they can formally object to a breach in the lease. Therefore there could be far more complicated issues than just a bill to settle.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123