London Property - Home of Super Prime

Expert Insights on Ground Rent and Leasehold Reform

March 22, 2024 London Property - Home of Super Prime Season 11 Episode 4
Expert Insights on Ground Rent and Leasehold Reform
London Property - Home of Super Prime
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London Property - Home of Super Prime
Expert Insights on Ground Rent and Leasehold Reform
Mar 22, 2024 Season 11 Episode 4
London Property - Home of Super Prime

The London Property Podcast offers valuable insights into the complexities of the London real estate market. In this episode, host Farnaz Fazaipour discusses ground rent with Justin Bennett from LBB Chartered Surveyors. Ground rent, historically an annual payment for land use, has evolved, sometimes doubling over time, leading to controversy and legislative reform. Bennett explains ground rent investments and the impact of legislation changes over the years. The discussion highlights the current leasehold reform bill, proposing caps and potential abolition of ground rent, aiming to address abuse and ensure fair compensation. The episode concludes with an invitation to engage with experts for further guidance on real estate matters.

Maximize your property wealth with London Property. Turn challenges into opportunities. With expert knowledge and reach, we tackle the complexities and inefficiencies of the property market with you.

Show Notes

The London Property Podcast offers valuable insights into the complexities of the London real estate market. In this episode, host Farnaz Fazaipour discusses ground rent with Justin Bennett from LBB Chartered Surveyors. Ground rent, historically an annual payment for land use, has evolved, sometimes doubling over time, leading to controversy and legislative reform. Bennett explains ground rent investments and the impact of legislation changes over the years. The discussion highlights the current leasehold reform bill, proposing caps and potential abolition of ground rent, aiming to address abuse and ensure fair compensation. The episode concludes with an invitation to engage with experts for further guidance on real estate matters.

Maximize your property wealth with London Property. Turn challenges into opportunities. With expert knowledge and reach, we tackle the complexities and inefficiencies of the property market with you.