Reply To: Agreed Price For Club

Iron Bru Forums Blast Furnace Agreed Price For Club Reply To: Agreed Price For Club

#241038
FeO2FeO2
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Registered On: October 30, 2021
Topics: 4

Good point well made Ferrite….I quote:

‘The Leasehold Reform (Ground Rent) Act 2022 restricts ground rents on newly created long residential leases for single dwellings such as a flat or house to a token one peppercorn per year, effectively restricting ground rents to zero financial value’.

There’s still the rental income or sale proceeds to benefit (I assume, from what Swanny said) the Club.

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