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The Independent UK
The Independent UK
Nicole Wootton-Cane

‘My ground rent increased by 9,400% after I bought my flat’

Dave Pickett bought his first home in 2019, and remembers feeling overwhelmed by the complexity of his leasehold agreement.

When purchasing the leasehold for his maisonette in Hitchen, Hertfordshire, he said he knew there was a ground rent – an annual fee paid by a leaseholder to the freeholder – of £25 per year.

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