WebMar 8, 2024 · To purchase the ground rent under arbitration, tenants must satisfy all of the conditions of section 9 and one of the alternative conditions in section 10 of the … WebMay 4, 2000 · The deal was for £3.36 million, which included `odds and ends' of vacant ground around houses and a site of over seven acres of land in Palmerston, then valued at £300,000. ``Imagine the government of the day selling these ground rents under the feet of the Irish householders who had bought their houses,'' says Tony O'Toole. ``Imagine the …
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WebJan 17, 2024 · If you are buying out your ground rent through consent, the fee is €30 for residential owners and €65 for non-residential owners. If you are buying it out through the arbitration procedure, the fee is €105 for residential owners and €195 for non … WebThere are 2 ways to do it: (a) Do it yourself (simple explanation): obtain a certified copy of the lease obtain a ground rent receipt for your most recent payment lodge an … download and install webroot
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WebThe Ground Rents Act (NI) 2001 allows homeowners of long leases on residential property in Northern Ireland to buy out (redeem) their ground rent. The Act also applies to … WebBuying the freehold can be a difficult process. We recommend you get professional help from a solicitor and surveyor with experience in this area. Download a template informal letter enquiring about lease extension of a flat, or to purchase the freehold of a house or flat More information you might find useful: Houses – Qualification and Valuation WebSep 15, 2024 · We can also help you buy the ground rent on a leasehold property. It is highly recommended that you ask a solicitor to guide you through the process, which can … download and install vlc media player for pc