Ground rent rules change

The law regulating the wording for Ground Rent demands required by Section 166 of the Commonhold and Leasehold Reform Act 2002 has been amended in England, but not in Wales.

Paragraph 3 of the Notes for Leaseholders should now refer to an unpaid amount of “....more than £350...”. Landlords and managers sending out notices, and leaseholders receiving them, should refer to the correction advice issued by the Stationary Office for the correct form of wording to be used. By law, ground rent is not payable unless the landlord has given the required notice in the required form to the leaseholder.