On 26th March 2019, HomeGround signed its name to the Ministry for Housing, Communities and Local Government’s Pledge to address a number of issues in the residential leasehold sector.
As part of this Pledge, we have made a commitment to remedy all leases with ground rent that doubles frequently. Full details of the Pledge and Government’s leasehold reform programme can be found in the links below.
Each of our leaseholders with leases including doubling rent reviews at 10 or 15 year intervals have either received or will receive a direct communication, offering a variation of the review clause to one linked to RPI. We have established a procedure allowing leaseholders who qualify for the process to vary their lease. The terms on which the variation will be offered may vary depending on a leaseholder’s circumstances, and any leaseholder already benefitting from a developer’s assistance scheme, such as that offered by Taylor Wimpey will need to apply to that scheme.
Any of our leaseholders who would like further information and guidance on leasehold issues, including their rights and responsibilities as leaseholders can visit the Leasehold Advisory Service’s website at https://www.lease-advice.org/.
If you own a lease that includes a doubling ground rent review clause at 10 or 15 year intervals, please contact email@example.com to find out what your options are for having your lease varied. Please include your 12 digit unique customer reference number and full address with your email so that we can locate your account quickly.