Frequently Asked Questions

Your ground rent increases in fixed amounts in set intervals which are detailed fully within your lease. An example of an Additive review increase is, an initial ground rent of £100 increases to £150 after 33 years then to £200 after an additional 33 years.

The initial ground rent increases in line with the open market value of your property or entire block depending on the specific calculation defined in the rent review terms of your lease.

An example of how the ground rent will be applied to the determined open market value would be either as a set value of 1/1000^th, or the same proportion the initial ground rent was to the premium paid on the grant of the lease.

This rent review method increases your ground rent in line with the Private Sector Average Earnings Index, which are published monthly by the Office of National Statistics.

You can access the published figures using the link, which is below, the initial ground rent is typically divided by the base figure defined in your lease and then multiplied by the review index figure. The total is your new ground rent amount.

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/timeseries/k54g/emp

Your ground rent increases in fixed amounts in set intervals which are detailed fully within your lease. An example of a Multiplier review increase is an initial ground rent of £100 increases to £200 after 10 years then to £400 after an additional 10 years and so on and so forth.