Ground Rent Acquisition
It’s widely known that the sale of ground rents can provide developers with a boost to their profits at the end of a development. However, here at Equity Track, we can provide developers with the option to sell their ground rents in advance of completion, and in some cases before construction has even started. This means an uplift in capital to keep the development on track or even in some cases to kick-start the project into action.
How does Ground Rent Acquisition work?
Ground rent is the annual rent paid under the terms of a lease by the owner of a building to the owner of the land on which it is built and has the potential, if in the right hands, to make the landowner a significant profit.
Where a freehold title is subject to a lease it is known as the “freehold reversion”. This can be bought and sold just like a leasehold title and has the potential to be very financially beneficial.
Property developers can free up some early capital by selling this freehold reversion, it is the ground rent values that determine the final value of the sale.
We can buy your ground rents at competitive market values. You could maximise the financial potential of these values by contacting us that the beginning of your build process – we will manage your set up completely fee free!
Why come to us before selling your properties individually?
The law regarding sales of ground rents requires landlords to offer first refusal to the leaseholders. However, property developers have the option to sell before the properties are completed and sold.
- By coming to us before selling each individual plot, you avoid the need to create and issue lease forms – saving you time and money.
- Working with us before leasing your properties to other tenants also eliminates the need for time and money spent on Section 5 notices – we will manage this on your behalf
- We have over 50 years’ experience in dealing with ground rent acquisition so can help you to make the most suitable decisions for your desired result.
- By transferring the responsibility of your ground rents to us, you are guaranteed your full profit, reducing the huge financial risk that comes with leasing to multiple tenants.
Avoid unnecessary complications and make the most of our ground rent expertise – contact us on 01202 901408 or complete the callback request form below and we will be in touch.