On 28th March 2019 Estates & Management Limited and our clients’ group of companies, Consensus Business Group, signed a government-backed pledge in relation to leaseholders. This pledge is a crucial step towards positive change in the residential leasehold market and reflects our commitment to eliminating bad practice.
In line with this public commitment to eliminate frequently doubling leases we have written to all leaseholders with a clause in their lease where the ground rent doubles more frequently than every 20 years to inform them of the opportunity to enter into a voluntary Deed of Variation to vary this review clause. If you have any questions regarding this opportunity please contact our Lease Management Team.
As a founding member of the Residential Freehold Association (RFA), we are committed to following the high standards set out in the Code of Conduct.
The Code of Conduct outlines the principles and expectations for all members and serves as a valuable framework to guide business practices and governance in our sector.
For more information about the RFA or to review the Code see below.
On 18 March 2022, our clients' group of companies gave commitments to the CMA in respect of properties developed by Countryside with leases which contain clauses which state that the ground rent will double every ten or fifteen years.
Further details can be found by clicking the button below.
On 22 August 2022, our clients' group of companies gave commitments to the CMA in respect of properties developed by Taylor Wimpey with leases which contain clauses which state that the ground rent will double every ten years.
Further details can be found by clicking the button below.