We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
House buying + ground rent above £250
Options
Comments
-
Ressurecting this old thread as I am in a similar situation now. Weighing up the pros & cons of a lease with a £245 ground rent that will likely go above the £250 threshhold at the next RPI linked review (8 years away), making it worth no more than your usual AST...
Does anyone have any experience or comments on this?0 -
If the thread hasn't helped you, you're probably best to start a new one.ikanoi said:Ressurecting this old thread as I am in a similar situation now. Weighing up the pros & cons of a lease with a £245 ground rent that will likely go above the £250 threshhold at the next RPI linked review (8 years away), making it worth no more than your usual AST...
Does anyone have any experience or comments on this?2024 wins: *must start comping again!*0 -
I viewed a flat at the weekend, I quite liked it and was considering making an offer but found out the current ground rent is £250 and of course the agent knows nothing about whether it will increase or not. The flat is empty so I couldn't ask the owner and I don't want to waste money on solicitors just to find this out.Why EA's don't understand the issues facing buyers is beyond me!0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards