How should I demand ground rent?Make Text Bigger
I would appreciate any help or advice on how I should demand ground rent.
I currently own the freehold for my 1st floor maisonette and the ground-floor maisonette which is owned by someone else. I am now entitled to demand ground rent from the owner of the ground-floor flat however I don’t know if there is a formal process for this.
Can I simply send the leaseholder an email requesting payment (based on insurance premium) or do I need to follow some legal or accounting procedure?
Also, I have been told that I can add a charge for my own admin time. Is there an industry standard value for this or simply what I think I am worth?
Thanks in advance.
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