Man symbolically holding a house in his hand, representing freehold and ground rent.

Freehold and Ground Rent

We act for Freeholders in the collection of Ground Rents.

Ground Rent is a regular payment required under a lease from the owner of leasehold property, payable to the Freeholder. A ground rent is created when a freehold piece of land or a building is sold on a long lease.

In the United Kingdom, the rights of residential tenants’ owning property subject to a long lease, at a ground rent are governed by the Leasehold Reform Act 1967 for houses and the Leasehold Reform, Housing and Urban Development Act 1993 for flats.