100% Accurate and Swift Payment Collection
Prime Management offers landlords a customized ground rent-only collection service for landlords, independent developers, management companies or investors. We specialize in ensuring all payments are accurately collected and do it in a timely fashion.
How Can I Make My Payment?
If you are due a ground rent payment please either contact this email: groundrents@prime-management.org
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Or Fill in this contact form here
What Is Ground Rent?
Ground rent is a small annual fee that a leaseholder must pay to the freeholder as a condition of their lease. It is normally no more than £200. Only if the ground rent is specified in the lease must it be paid. The landlord will not be able to recoup any ground rent from the leaseholder if it isn't.
What Happens If Ground Rent Isn't Collected?
If ground rent is not collected, the property owner may be held liable for property upkeep costs. This can include taxes, repairs, and other expenses. The property owner may also be liable for any legal fees associated with evicting tenants who have not paid their rent.
Landlords should consult with a solicitor to ensure they are in compliance with all applicable laws.
Let Our Clients Tell You How Easy It Is
How Do We Make Your Life Easier?
Simplify the Process for Collection
Save on Costs
Make the Topic More Understandable
Expertise Consultation Support