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Is This Property Fraud?
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In fact, the ground rent is peppercorn...If your ground rent is £0 - the headlease is worth about £0
Just a thought - have you actually seen the headlease for your flat? I mention it because some people use the Land Registry search, and apparently found a headlease for each flat, but they didn't realise that it was the same headlease being listed multiple times.
And yes, I have a copy of the head lease, which also has an attached plan that the boundary corresponds to my flat only.
I suspect the Housing Association is raising finance based on multiple head leases, and then register the charge on all of them regardless (although for my case the head lease does not worth much, but they still want to register the charge on it, oh well)...
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I hope you are paying each year? The legal costs for going into arrears could be significantly more than the cost of the peppercorn......helger said:
In fact, the ground rent is peppercorn...If your ground rent is £0 - the headlease is worth about £0
Just a thought - have you actually seen the headlease for your flat? I mention it because some people use the Land Registry search, and apparently found a headlease for each flat, but they didn't realise that it was the same headlease being listed multiple times.
.....
https://www.sainsburys.co.uk/gol-ui/product/salt-pepper/sainsburys-black-peppercorns-45g
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It’s normally stated to be 'a peppercorn, if demanded'.No reliance should be placed on the above! Absolutely none, do you hear?2
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