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Paying your service charge and ground rent
Making a payment
Your ground rent and variable service
charges are payable as stipulated in the lease. You must pay on
time. We offer you several ways of paying your
service charge and ground rent. You can choose the one
that best suits you.
Service charge and ground rent statements
We will automatically send you a statement of
your service charges and ground rent account twice a year. The
statement will show all the charges made to your account and all
the payments we received. If you need to check the balance on your
account at any other time phone your home ownership officer.
Your rights and responsibilities
Non-payment of ground rent or service charges
is a breach of the lease and the landlord is
entitled to take action against the leaseholder.
There are two main options available:
- A money judgement to secure the debt.
- Forfeiture to recover the property.
Forfeiture is the ending of the lease and the
repossession of the property by the landlord. No payment is made to
the leaseholder on the repossession. The leaseholder loses any
equity remaining even after any debt has been repaid. The process
depends on whether the breach is for non-payment of ground rent,
non-payment of service charges or another form of breach.
Forfeiture will only be taken as a last resort.
The council may also approach your mortgage lender for payment
of any arrears.
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