What Is Ground Rent and Ground Rent Charges

March 3, 2017 0

What Is Ground Rent and Ground Rent Charges?

in Miscellaneous, News, Question & Answer

This weeks Zoopla Q&A video is a very specific question – What Is Ground Rent?

Answered in a quick and easy to understand fashion by Jeff Djevdet.

Who do you pay Ground Rent to?

Video Transcription

Ground rent is paid by the owner of the property. This being the leaseholder to the freeholder.

The freeholder is the person on which the land that property is built on.

Cash Property Buyers, We Buy Any House

Speak to a member of our team and find out how we can help you sell your house quickly.

Jeff Djevdet

Starting his career in Estate Agency, Jeff quickly moved up the ranks to manage his own office for Halifax Property Services. Co-founding Speed Property Buyers in 2008, he has applied this knowledge and overseen rapid expansion of the business.