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Ground rent

The mortgage definition for Ground rent:

This applies only to leasehold properties and is a sum paid annually to the freeholder by the leaseholder.

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Unpaid ground rent charge

Unpaid ground rent charge
If you are a leaseholder, and the freeholder notifies the lender that you have not paid your ground rent or service charge, the lender may penalise you. Costs £30 - £50.




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