London Ground Rents Always Required
Our company is also keen to purchase freehold ground rents across London and the south east. We are able to help you with any valuation that you may require and can also help you with any section 5 notices that may need to be served on your leaseholders. We require buildings with short leases as well as properties with leases in excess of 99 years. There is no limit on numbers and we will consider large portfolios in excess of 1000 units if they become available.
Ground Rents Offers Within 24 Hours
All that you need to do is email us a summary of what you are selling and we will do the rest. We do not require any inspections of the buildings and so an offer can be made within 24 hours. Ideally we would like to see a copy lease for one of the flats but that is not essential. As long as you can provide us with the total ground rent income for the building we can make you an offer for the freehold interest.
Cash Offers – Hassle Free Sale
If we agree to buy your ground rents from you we will deal with the section 5 notices on your behalf free of charge. Most ground rent that are sold will require that the leaseholders are given the right of first refusal. The leaseholders must receive a section 5 notice and must be given two months to decide whether or not they want to buy the freehold. They must match the price that is being paid and must buy the building on exactly the same terms that have been agreed to us. We are happy to serve these notices and any queries that the leaseholders may have.