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Question re: ground rent
karenn1957
Posts: 68 Forumite
Hi, my partner owned a property for the last 20years which he rented out for the past ten years...all that time no one has ever claimed any ground rent..sadly my partner died recently and i am now the owner, what i need to know is if no ground rent has been paid for so long what is the situation? does the leasehold become freehold? Thanks for any advice in advance:money:
THANKS TO MARTIN LEWIS....I RECEIVED £250.00 JUST BY MAKING ONE PHONE CALL TO RECLAIM MORTGAGE EXIT ADMINISTRATION FEES..........:T
THANKS TO MARTIN LEWIS....I RECEIVED £250.00 JUST BY MAKING ONE PHONE CALL TO RECLAIM MORTGAGE EXIT ADMINISTRATION FEES..........:T
Received £250.00 with one phone call to reclaim Mortgage Exit Administration£ fees AND £2995.00 bank charges from Lloyds TSb..All thanks to Martin Lewis. :T :money::T:beer:
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Comments
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I'm really sorry for your loss
I'm not entirely sure, but even with an 'absentee landlord' I believe that even if you attempted to extend the current lease, that the money would revert to the Crown before you were entitled to that freehold.
There's a moneysaver who was looking at purchasing a property with a long lost freehold and a very short lease, but they had explained to me, via their solicitor, that the money for the lease extension would have reverted to Her Majesty if the freeholder could genuinely not be found.Everything that is supposed to be in heaven is already here on earth.
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Best people to get in touch with is http://www.lease-advice.org/ you can call them between 9.30am and 3.30pm Monday to Friday on [FONT=Verdana, arial, Helvetica]020 7374 5380
You can also write to them or email them the details are on the website.
[/FONT]I'm not cynical I'm realistic
(If a link I give opens pop ups I won't know I don't use windows)0
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