Our Services & FAQs

RENT REVIEWS

If we have contacted you to inform you that your Ground Rent has increased, please click here to access the relevant supporting documentation.  This is available to access free of charge through our secure Tenant Portal.

Each individual property lease will set out the frequency and method of calculation for any Rent Review, and we seek to process all Reviews as close to the Review dates as possible.

Where Ground Rent increases, the lease will typically contain one of three different types of Rent Review method:

Fixed

The lease sets out the specific increase in Ground Rent due upon each Rent Review.

Index Linked

The lease prescribes a specific index, which is published independently by the Office for National Statistics, and the Ground Rent increases in line with this index.

Market Value Based

The lease prescribes a specific formula to increase the Ground Rent in line with any increase in the value of the property.

Where a valuation is required in order to calculate any Ground Rent increase, the advice we receive is for our client's use only and we are unable to share this with you.

Wherever possible, we will provide all relevant information in a simplified form.

Many leases contain a provision for the Ground Rent to increase over a specified period which is detailed in the lease.  The lease will also set out the method of calculation and we seek to process all reviews as close to the review date as possible.

Please refer to your lease for more information.

All calculations are carried out in accordance with the requirements of your lease.  If you have any questions relating to the contents of your lease in relation to uplift provisions, we recommend that you seek independent legal advice.

Whilst we work hard to process all reviews before the review date, there are some reviews where we will need to issue an additional invoice to reflect any increase.

This typically only applies to Ground Rent reviews which are index linked, as we must wait until the Office of National Statistics has published its latest index.

 

Please refer to your lease and consider seeking independent legal advice.

A letter or email will be sent by your preferred method of communication advising of the new Ground Rent amount.   

Additional supporting documentation can be found on the Tenant Portal.

All calculations are carried out in accordance with the requirements of your lease, and we advise you refer to your lease for more information.   

Please refer to the additional supporting documentation that can be found on the Tenant Portal.

If you are concerned about the level of Ground Rent, or the current review mechanism within the lease, we will be happy to explore options for a voluntary lease variation.  Please contact us for more information.