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I wonder if anyone can give me guidance regarding ground rent regulation?
My ground rent on my property was £350 per year but has been increased to about £550 per year.
This is the first time of increase since about 14 years but seems very hefty.
Is there anything that I can do ?
I have asked the landlord for mediation by email but haven’t received anything back by mail or e mail.
What ,if anything,can I do.?
If it's not in the lease ( groundrent to increase by x every x   you don't pay it. The same if it in the lease it is nonnegotiable and you have to pay it. Did your solicitor not inform you at the time of sale? They have a duty of care to you.
Thank you for your reply.
I bought the flat some 14 years ago.
At the time I was not told of the incremental time gaps and by how much.
I will check this out with the landlord and proceed with it but will need proof first.
Thanks again .
The proof will be in your lease. Go and read it rather than relying on what the freeholder says. If you don't have it, then your solicitor will have been sent a copy when you were purchasing the property. If there is no clauses that allow the ground rent to increase in the lease then it can not increase. https://www.lease-advice.org/faq/can-my-l...ound-rent/
In future, make sure you read through the lease yourself rather than relying on a solicitor.
£350 -> £550 is approximately the rate of inflation for the last 14 years.
Really your Solicitor who dealt with the purchase should have told you about this. Getting recourse for failing to inform you could be a challenge.
Time limited unfortunately six year max
Go for a lease extension, even if technically you don't need it, it will drop the GR to a peppercorn.
THE COST OF THE EXTENSION WILL BE CALCULATED ON THE EXISTING GROUND RENT.
Only if you extend it by 90 years. Freeholders have several ways of extending, some like yours were you pay less for the extension but pay a higher ground rent
no wonder landlords have such a bad reputation when they (you) are so clueless about such a fundamental issue!
rather than posting or blaming the solicitor you should read your lease. do you even have it?
Landlords who demand anything other than a peppercorn ground rent are ripping off their tenants. Ground rent pay for nothing it's just money for no service whatsoever.