How do ground rents work, and why are they significant in the retirement housing sector?
Ground rents are payments made by leaseholders to landlords for land use or a lease of land for personal residential purposes. In the retirement housing sector, it is argued that ground rents play a crucial source of income for developers.
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How do ground rents work, and why are they significant in the retirement housing sector?
Ground rents are payments made by leaseholders to landlords for land use or a lease of land for personal residential purposes. In the retirement housing sector, it is argued that ground rents play a crucial source of income for developers.
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Meet our Expert Property Commentators