Ground Rents

Require complex rent management or specialist leasehold advice?

SDL Bigwood manages a substantial portfolio of Freehold and Leasehold ground rents on behalf of a wide range of clients including corporate clients, developers, charities and private individuals.

The service provided includes the collection of ground rents and accounting to clients on a quarterly basis or as required. Notices of Assignment and Charge are also dealt with together with applications for consent for Improvements and Sub-letting.

A key part of the work of the department is Leasehold Enfranchisement. SDL Bigwood is a member of the Association of Leasehold Enfranchisement Practitioners (ALEP). With reference to houses, sales of Freehold and Head Leasehold Interests are negotiated by us on behalf of clients under the terms of the Leasehold Reform Act 1967. For flats and apartments, Lease Extensions and Collective Enfranchisements are negotiated under the terms of the Leasehold Reform Housing & Urban Development Act 1993.

The legislation relating to these matters is complex and there is a constant need to keep abreast of Case Law impacting upon the basis of valuation. Where required, the specialist staff at SDL Bigwood Ground Rent Department represent clients at both the Leasehold Valuation Tribunal and the Upper Tribunal (Lands Chamber).

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