… Often in sites with dismal resale values Thousands of pensioners living in older retirement properties are facing a massive hike in ground rents: 88 per cent is not unusual. The older leases of mass retirement housing builder McCarthy and Stone are kicking in with huge hikes in ground rents. Ground rents at Churchill sites […]
Our ground rents are fair, says McCarthy and Stone (even though they go up to £600 and are for no service whatsoever)
August 2, 2017 By
DCLG Consultation Paper On Leasehold And Ground Rents – Statement – McCarthy & Stone See our response to the DCLG consultation paper on Leasehold and Ground Rents It is a fair bet that McCarthy and Stone will be making a strong submission to the DCLG into the leasehold houses and ground rent scandals firmly urging […]
Ground rent doubled on mum’s flat
July 19, 2014 By
Q: My sister and I inherited Mum’s flat in Poplar Court, St Anne’s, Lancashire at the beginning of 2013. I noticed a large increase in the ground rent just before Mum died when it jumped from £250 pa to £527.17 pa (111% increase), which is very high when compared with the £60 pa ground rent […]
Service with a snarl: anatomy of a leasehold ground rent demand
February 15, 2013 By
A Campaign against retirement leasehold exploitation reader has got in touch with his leasehold ground rent demand from Estates and Management, which he feels is a little peremptory and abrupt. So, let’s take a look. Before doing so, it is worth informing any new readers that the Tchenguiz Family Trusts owns one per cent of […]
