Whenever a demand for ground rent is made to tenants by the freeholder, it must be made in a prescribed format as set out by Section 166 of the Commonhold and Leasehold Reform Act 2002. If the freeholder fails to serve the notice, and with the correct information, the tenant will not be liable to make any payment for ground rent. However, when the Section 166 Notice is served correctly, the landlord can issue backdated demands for unpaid rent for up to six years.
We provide two solutions that will help you to collect ground rent from leaseholders, legally and easily.
With many legal requirements to adhere to, the Section 166 Demand Notice can be somewhat challenging to prepare and serve to leaseholders. And as stated above, getting it wrong can be hugely detrimental to receiving the monies owed to you. It’s therefore extremely important that you fully understand the complexities of the 166 Notice and ensure that the correct information is included before serving it to your leaseholders.
Our professional Section 166 Demand Notice template is a 100% free and legal document, which you can get straight to your email inbox today. The email will also contain instructions on how to prepare the notice. Although the Section 166 demand is a relatively simple form, it is a legal document and any mistakes within it will render it invalid. This means that you will not be able to claim any money from the leaseholders. It is therefore crucial that the template is completed accurately.
To get your free Section 166 template, simply submit your details and request via the contact form.
Please specify whether your freehold property is located in England or Wales as they require different notice templates.
If you don’t want to spend your valuable time and energy dealing with the intricate details of the Section 166 Demand Notice, we can take care of everything on your behalf. Our experts will prepare and serve the notices to your tenants with details of how to pay you. We have helped many freeholders to successfully retrieve up to six years of unpaid ground rent from tenants.
If you’d like us to help, contact us today for a quote using the contact form.
Our quote will be based on the number of leases in the building and how many years of unpaid ground rent we are collecting.
Let us know whether you would like to receive a free Section 166 Notice template or take advantage of our low-cost service.
Owning a freehold isn’t easy, especially when you have difficult tenants to contend with. It’s all too common to find yourself in a position where you’re constantly chasing money owed, or suffering legal expenses trying to recover the debts. Add this to the many other responsibilities involved with owning a freehold and you can find yourself with one big headache.
Fortunately, it’s really easy to relieve yourself of these stresses by selling your freehold ground rents to Freehold Sale. We’ve helped many freeholders to sell their freehold interest quickly and for the maximum value, so you’ll always end up better off. And as highly experienced freehold buyers, we are experts in managing the sale process and dealing with existing leaseholders, which means you won’t have to worry about a thing.
We also offer a free template for the Section 20 Notice, which enables you to recover costs for major works to your freehold property. Section 20 consists of a three-stage consultation process that must be followed by freeholders.
If you’ve just purchased a freehold property, you may benefit from our free Section 3 Notice template, which informs tenants of the assignment of landlord’s interest. You are legally required to serve this notice to your tenants, even if the previous landlord has done so.