help wanted re ground rents

Discussion in 'Bulletin Board ARCHIVE' started by Merde Tete, Oct 2, 2012.

  1. Merde Tete

    Merde Tete Well-Known Member

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    anyone know anything about them? my mortgage provider has added over 1500 worth to my account plus a huge admin fee. any info or advice would be much appreciated.
     
    Merde Tete, Oct 2, 2012
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  2. Gordon Owen

    Gordon Owen Well-Known Member

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    Is it actual ground rent or maintenance? £1500 seems too steep for ground rent
     
    Gordon Owen, Oct 2, 2012
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  3. Merde Tete

    Merde Tete Well-Known Member

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    just been reading up on it, sounds very steep. will call them tomorrow and find out Wtf is going on.
     
    Merde Tete, Oct 2, 2012
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  4. Bruce

    Bruce Active Member

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    They usually only so that if the freeholder can prove they have asked you for the money and you haven't paid. The charges must also be covered in your lease agreement
     
    Bruce, Oct 2, 2012
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  5. Merde Tete

    Merde Tete Well-Known Member

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    never had any demands from the free holder so I am a little puzzled to say the least.
     
    Merde Tete, Oct 2, 2012
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  6. Gordon Owen

    Gordon Owen Well-Known Member

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    It sounds to me like you've had a couple of years maintenance added to your mortgage. The maintenance companies send the debt to your mortgage company when it's not paid. On an apartment l rent out the ground rent is £100 a year and maintenance is £800.
     
    Gordon Owen, Oct 2, 2012
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  7. Merde Tete

    Merde Tete Well-Known Member

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    not that as I pay maintenance by standing order. 500 or so quid is stated as being ground rent from July last year, and a year later another grand has gone. I must admit I am guilty of not having checked as carefully as I should have but will definitely investigate tomorrow.
     
    Merde Tete, Oct 2, 2012
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