Site Information
Lease
Example of a lease at Monxton Place
Headlease
Ground Rent
The nine leases contain a provision to pay annual ground rent of £1 to Monxton Place Residents Association Limited who in turn should pay £9 a year ground rent to the freeholder.
In 2019 the freeholder decided to stop collecting ground rent on existing apartments where it is the owner of the block in which the apartments are situated. A copy of the confirmation letter from the freeholder is available here. Monxton Place Residents Association Limited therefore ceased collecting the annual £1 ground rent from leaseholders.