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Ground rent.
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Panagioti1975
Posts: 3 Newbie
Good day,
I've been asked to pay the ground rent for 2024 by the 31/01/2024. Is that legal to ask for a full year payment at the beginning of the New Year? Could you please support with any legal advice and options?
Thank you in advance.
Kind regards,
Erion
I've been asked to pay the ground rent for 2024 by the 31/01/2024. Is that legal to ask for a full year payment at the beginning of the New Year? Could you please support with any legal advice and options?
Thank you in advance.
Kind regards,
Erion
0
Comments
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It’s “legal” if it’s what your lease says. So, what does it say?1
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@Panagioti1975 you'll have to read your contract, we could only guess as to what it says regarding payment dates.1
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As others say, your lease will tell you when ground rent is payable. (But it's usually payable in advance.)
It's best to be very sure that you are right, before deciding not to pay. The freeholder will probably add 'late fees', if you don't pay.
If it then turns out that the freeholder was right about payment dates (and you are wrong), you'll have to pay the extra fees.
How much is the ground rent? TBH, unless it's a very large amount, I'd be tempted to just pay it anyway. But making sure that I don't get charged twice for the same year.
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It does actually mention the rent payment by the 1st of January of each year.
Thank you very much for the swift replies.1 -
Panagioti1975 said:Good day,
I've been asked to pay the ground rent for 2024 by the 31/01/2024. Is that legal to ask for a full year payment at the beginning of the New Year? Could you please support with any legal advice and options?
Thank you in advance.
Kind regards,
Erion
Yes thats normal, mine sends invoice in November! But i wait till Jan to pay, cheeky gits.
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Ground rent has to be demanded in the correct legal format with a summary of rights and obligations otherwise the demand isn't valid.For years I just paid mine without prompting and without any demands/receipts.0
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