When to charge ground rent or service charge?Make Text Bigger
Thank you Mark and everyone on this website for all comments/articles. I have learned more on Property118 about property and other aspects in the last 6 months since I signed up then ever before. Now for my first post…
My question is a simple one… I think… when is it right to charge ground rent and service charge? I have two scenarios…
1. If I owned the land and block of apartments freehold and rented individual apartments out on AST?
2. If I sold each apartment in a block on a lease and owned the land freehold?
A further question, how would one set the right amount of ground rent and service charge?
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