Ground Rent Arrears

Our specialist team deals with the recovery of arrears of ground rent. We are able to act in many cases on a no recovery no fee basis and recover our fees from the leaseholder.

Ground rent is a valuable income stream especially now in the current climate. So it is crucial that there is a constant review of credit control issues and quick recovery of outstanding arrears of ground rent. We can recover ground rent for up to 6 years after it fell due.

We provide a fast and efficient collection of arrears of ground rents on a no recovery no fee basis with absolutely no upfront charges to our clients.

In order to proceed we will need from you:

  • statement of arrears of ground rent, administration charges etc.
  • leasehold address
  • correspondence address if different from leasehold address
  • copy lease (usually one per block)

Our Fees

We are able to offer a no recovery no fee option with no upfront charges when the following criteria are met:

  • the leasehold title is registered;
  • the property is mortgaged to a financial institution such as a bank or building society;
  • there is a forfeiture clause present in the lease;
  • the lease allows for the recovery of professional legal fees;
  • there is no genuine dispute over the arrears;
  • the unpaid amount is more than £350 or consists of, or includes an amount that has been outstanding for more than 3 years

It is usual for all these criteria to be met and when we do act on such a basis all fees are paid by the leaseholder.

Contact us on 0161 8330044 or litigation@abacus-law.co.uk for further information on how we can assist you.