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Beware the hidden costs of ground rents

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On 21 January, Sir Peter Bottomley MP tabled an early day motion in the House of Commons requesting that Flat 1 Blythe Court, Solihull, be withdrawn from an upcoming auction.  The motion was tabled because the sellers were apparently “withholding essential information of penal ground rent provision that make the premises worthless”.  The property was indeed withdrawn and the legal pack removed from the auctioneer’s website. What was it about the property that caused such a...

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