Ground Rents – Your obligations and rights!

If you want to extend the lease or want to invest money in Ground rents user need to follow certain rules and regulations. You have to pay a lot of important things In-advance like service charges and ground rent to the owner.  Apart from that, if you want to extend the lease, then you should make contact with the owner of the house.

You will surely get a reminder notice from the owner. One needs to follow the procedure and need to submit the documents within 14 days.  Just in case, if you are facing any complicated problem while repaying the ground rent, then the user can easily get an extension of 28 days. Broadly speaking, it would be better to clear the debts and get rid of complicated problems.  If possible, then one should make contact with an experienced and knowledgeable leasehold extension solicitor.  Let’s discuss some important rights and obligations related to the ground rents.

  • Service charges

In order to know regarding service charges and other fees of Ground rent then you should visit If you don’t want to pay a costly fee, then you need to submit a fee at perfect time. To extend the lease then you should make contact with the owner of the flat. All you need to remain secured by paying a ground rent and extension fee on a perfect time to the users.  All you need to pay the charges according to the valuation of the house or apartment.

  • Revision

Before paying the extension fee, one needs to invest a considerable amount of time in the revision. Make sure that you are reading terms and conditions properly.

Moreover,  these days, the majority of the investors are investing money in the Ground rents that are considered as a safe and secure investment.