Property Developers - We Will Buy Your Ground Rents

If you are s property developer that has built a block of flats we can help you with the sale of your ground rents. We can tell you how to maximise the value of your freehold by adding favourable ground rent increases. A lease where the ground rent increases every 15 years will be more valuable than a lease where the ground rents increase every 25 years. The more often the ground rents increase , the more valuable the freehold will be.

Obviously you have to consider the leaseholder will not purchase the lease if the increments are unreasonable but most leases could be improved in favour of the landlord. Most leases that are drawn up do not really consider the affect that the increments have on the value of the freehold. We can help you in this regard by advising you what you can reasonably insert into your leases before you sell the flats.

Advice On How To draft Your Leases

As well as the amount of money you can charge each leaseholder in ground rent you can also increase the value of your freehold when considering how long the leases should be. For example you do not want to draft leases for a period of 999 years. A freehold where the leases are for a period of 999 years will not be popular amongst buyers. Property investors are not interested in 999 year leases and will not want to buy a building where the leases have all ben sold off on this basis.

You should draft your leases for a period of 99 years or 125 years. This is normal and will ensure that your freehold can be sold to an investor without any problems. We would be glad to help you in the drafting of your leases. We look forward to hearing from you.