What are leasehold/ground rent claims?

If you own a flat or a house on a newly built estate, the likelihood is that you are one of the many who are a leaseholder, which means someone is charging you ground rent.

In the past, ground rents have been fairly low but property developers identified that there was another opportunity to make money by setting a high ground rent that increased rapidly over the years and then selling that on to investors so many new houses and flats are now leaseholds.

The downside to this is that those leaseholders are finding it extremely difficult to sell those properties as mortgage lenders are reluctant to lend to buyers. This affects the value of the property and has left many owners trapped in their property and unable to sell it.

If you have a ground rent that doubles or increases rapidly, you may be entitled to compensation.

Why choose The Byrne Practice

  • No hidden costs – We offer our service on a no obligation no win no fee
  • Free evaluation – So we can establish if you have a decent chance of a successful claim
  • Excellent service – We as a company will deal with your case from start to finish, keeping you up to date along the way
  • We’ll do everything we can to recover the maximum amount of compensation available
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