16:28 PM, 5th April 2018, About 4 years ago 2
We purchased an off-plan property for BTL in 2008 (yes, I know!!!), and the lease we signed before Completion had the Ground Rent as £150 pa. Our solicitor (a supposed leasehold expert recommended by the broker) proceeded to completion, and we thought no more about it until the 5 year anniversary, when our Ground Rent increased by more than expected.
I reviewed the copy of the lease we signed, and what ‘our’ solicitor sent post-Completion, and was shocked to find the Ground Rent had been altered to £250 pa, which is a very significant increase. Our solicitor had not pointed this out to us, and soon after went bust.
We assumed because they had gone bust, we couldn’t do anything, but perhaps someone can advise if we have a case to challenge the lease, which has since been sold on twice.
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