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Wed 22 Mar 2017

Escalating ground rent scandals in flats

Escalating ground rent scandals in flats

Would you believe me if I told you the stunning new apartment you bought last year could be virtually unsaleable in a few years time?

This is the reality facing an increasing number of flat owners being held at ransom due to the escalating ground rents set out in some leases.

The ground rent scandal is a ticking time bomb which, if left to continue, could cause further destruction to the UK housing market. 

Yashmin Mistry from JPC Law provides her thoughts on the impact here

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