Compton Group - Ground Rent

sib333

Hi, this is the first time I've posted as stuck with what to do.  I am a landlord that owns an apartment.  I bought it around 10 years ago from McInerney Homes who ended up in liquidation.  I have recently received a letter from The Compton Group saying they have bought the ground rent and I owe them £600 - £100 for this years ground rent plus 5 years back pay.  I did some digging and reports on the Compton Group are worrying.  I spoke with a solicitor who advised that I pay them £100 for this year to show willing and ask for proof that I'm eligible for the previous years.  I did this and they have sent me a letter from KPMG which says they now own the ground rents.  Does anyone know if this all sounds above board as unsure what to do?

ciderboy2009

Presumably you've not paid any ground rent up to now?

What does your lease say about it?  Is £100 per year the correct amount?

Assuming that you've never paid anything before and £100 per year is correct then it looks like they are doing things properly and only claiming for the 6 years (5 years in Scotland) and I would pay up asap before they take it any further.

NameUnavailable

Ground rent is specified in the lease. If it says X per annum and you haven't paid it, then it is due - BUT, they must demand it in the correct legal form and I understand that they can only go after arrears for so many years. Your solicitor should be able to advise you on these points, if they know what they're talking about, or you can search the lease advisory website.