Ground Rents With Short Leases
If you are selling a freehold ground rent where the leases are under 80 years we would like to hear from you. We are a Surrey based property investment company and already own a large portfolio of ground rent reversions. We can offer very competitive prices for these types of investments and will also serve the section v notices for you once a sale is agreed. We can give you a valuation for your ground rents over the phone usually within 24 hours dependding on the size of your portfolio.
Short Leases Under 80 Years
We only purchase freehold ground rents where the leases are under 80 years. We can help and advise you in connection with the legal notices that may need to be served on your lessees. We can also deal with your lessees if you prefer in connection with the section 5 notices that may need to be served. In some cases it may not be necessary to serve these notices.
Section 5 Notices
Once a sale is agreed we will serve the relevant section 5 notices on your behalf. Your lessees have got a two month period in which to decide whether or not they would like to purchase the freehold themselves. Once this period has ended, provided the lessees don’t exercise their right to buy we will be able to proceedtro completion immediately.