WebThe ground rent payable on a leasehold property has started to cause concern amongst lenders and property professionals. Most leases of flats contain a covenant that the flat owner must pay an annual rent to the landlord or freeholder. This sum is known as a … By submitting an enquiry through 'get in touch' your data will only be used to … Search people. Every lawyer at Thomson Snell & Passmore puts our clients first. … By submitting an enquiry through 'get in touch' your data will only be used to … Find out more about us. With a network of over 140 lawyers in a variety of … Thomson Snell & Passmore is a growing regional law firm. With offices in … WebIntroduction. Schedule 2 of the Housing Act 1988 creates a number of grounds under which a landlord may successfully apply to court for possession using a Section 8 notice. These grounds for possession apply to all assured or assured shorthold tenancies entered into after 15 January 1989. The terms of your tenancy agreement must make provision ...
Housing Act 1988 - Legislation.gov.uk
WebMar 12, 2024 · "The problem with your Lease being classed as an AST is that the Freeholder/Landlord can potentially bring the Lease to an end by proving one or more of the grounds for possession set out in Schedule 2 of the Housing Act 1988. One of these grounds relates to non-payment of Ground Rent. WebApr 27, 2024 · With regard to the escalating ground rent, we confirm we are happy to proceed on this basis subject to your confirmation there is a clause in the lease to … computer specs for call of duty
Ground Rent, Assured Tenancies & s.8 of the Housing Act (1988)
WebAug 9, 2024 · Whether the Ground Rent is fixed or escalating, if the Ground Rent payable exceeds £250.00 per annum (or £1,000.00 in Greater London) this creates an issue under the Housing Act 1988. Under the Act, if the Ground Rent exceeds these values, it could create an Assured Shorthold Tenancy. WebFeb 11, 2024 · The Leasehold Reform (Ground Rent) Act 2024 comes into force on 30 June 2024, except for retirement properties where it will not come into force before 1 … WebGround 10 can be used where some rent that is lawfully due from the tenant:- • is unpaid on the date on which the proceedings for possession are begun; and • except where subsection (1)(b) of section 8 of the Housing Act 1988 applies, was in arrears at the date of the service of the notice under that section relating to those proceedings. ecom express booking