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Ground rent on freehold house

Hi

A family member has put an offer in on a 5 year old, 4 bed semi detached freehold house on a new estate. Service charges for estate maintenance are ~£200 p.a. but they've been advised by vendor during viewing, there's also a ground rent to be paid.

I haven't come across ground rent being charged on a Freehold property before. Does this sound like it's actually leasehold or is this common?

Was going to ge them to bring it up with E.A but don't want to worry them unnecessarily as they're v excited.

Thanks
«1

Comments

  • sonastin
    sonastin Posts: 3,210 Forumite
    I've come across the concept of "chief rent" being owed on a freehold property before now, but other than the name and the idea, I know no more. Could it be that and the vendor is calling it ground rent?
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If the EAs are that excited, don't spoil their fun by bringing this up. Solicitor will resolve it in good time. Did the vendor say how much this 'ground rent' is?
  • ££sc££
    ££sc££ Posts: 247 Forumite
    thanks Sonastin, haven't heard of that but could be!
  • ££sc££
    ££sc££ Posts: 247 Forumite
    G_M wrote: »
    If the EAs are that excited, don't spoil their fun by bringing this up. Solicitor will resolve it in good time. Did the vendor say how much this 'ground rent' is?

    No i'll keep quiet, it just got me wondering. Good point re: solicitor. Not that I'm aware of
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    House might be freehold, but garden might be on a license.
  • unhappy_shopper
    unhappy_shopper Posts: 1,304 Forumite
    edited 15 March 2011 at 8:59PM
    Victorian properties have 'chief rent' which is also called 'ground rent'. Our home is freehold but we do pay a tiny amount (single digit amount) every 2 years as ground rent.
    Mortgage: @ Feb. 2007: £133,200; Apr. 2011: £24,373; May 2011: £175,999; Jun 2013: ~£97K; Mar. 2014 £392,212.73; Dec. 2015: £327,051.77; Mar. 2016: ~£480K; Mar. 2017 £444,445.74
  • muskoka
    muskoka Posts: 1,124 Forumite
    I've heard of this. Gorgeous houses - realistic price, location beautiful i.e. grounds of old manor house & then find you gotta pay ground rent, even though you are buying the house freehold.
  • peter_m14
    peter_m14 Posts: 12 Forumite
    Owners of a freehold property can apply to the National Rentcharges Unit (part of the Department for Communities and Local Government) to redeem a rentcharge (aka chief rent). They can be contacted via [EMAIL="rentcharges@communities.gsi.gov.uk"]rentcharges@communities.gsi.gov.uk[/EMAIL] or by calling 0303 4444560
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is there a separate garage in a block that's maintained by the freeholders? Our house/estate is 8 or so years old. We pay stuff for the garages (am sure the ground rent is nil, but there's a s/c that's only for the garages and their insurance).

    Jx
    2024 wins: *must start comping again!*
  • hcb42
    hcb42 Posts: 5,962 Forumite
    My parents house (also victorian) had this. The rent was something like £2 a year.

    EDIT: Oops I see we are dragging up old threads on the subject today :)
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