GROUND RENT CONSULTANTS LIMITED
- WESTBURY HOUSE
701-705 WARWICK ROAD
B91 3DA SOLIHULL, WEST MIDLANDS
Phone: 0845 680 6804
Fax: 0845 680 6805
E-mail: Send messagewww.grconsultants.co.uk
Short profile:
Ground Rent Consultants is an independent broker, whose speciality is dealing with all areas of the ground rent sector. With our vast experience in this often neglected field, we are able to resolve the many situations that often arise when disposing of these investments. We thrive to give constructive advice, locate a purchaser to suit your company’s requirements, whilst endeavouring to build an ongoing working relationship with our cliental.
From there on, Ground Rent Consultants was launched and are very proud of being an independent broker that is unique in today’s marketplace. We treat every new opportunity as an individual instruction and our aim is to deliver a sale which is profitable, quick and hassle free for you.
As specialist in the ground rent market, we are familiar with the many other services required when dealing with freehold ground rents.
Detailed description:
In English law, it appears that the term was at one time popularly used for the houses and lands out of which ground rents issue as well as for the rents themselves.
The contemporary accepted meaning of ground rent is the rent at which land is let for the purpose of improvement by building; i.e. a rent charged in respect of the land only and not in respect of the buildings to be placed thereon. It is therefore usually lower than the rent that might be achieved for a building let on the open market, and is for a far longer term of years. At least 21 years, but more commonly 99 years or 125 years, or even 999 years.
Our Managing Director previously worked for a large national house builder. The company had decided to release equity in their ground rents by disposing a small portfolio. After approaching many organisations, they were unable to find a company in the market place that was independent and who did not have any alliances to a preferred investor. They then decided to approach the market place themselves and were able to negotiate a deal that was very profitable and met the companies timescales and requirements.
Keywords:
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