A legal agreement with the landlord (sometimes known as the ‘freeholder’). This tells you how many years you’ll own the property. Ownership of the property returns to the landlord when the lease comes to an end. Most leases are for 999 years and have an annual ground rent of £14.00, payable by the property owner.

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Rachel Damianou
Rachel is an accredited member of the Society of Trust & Estate Practitioners, and joined the firm as a trainee in 1991. She initially worked within our Litigation Department where she gained considerable experience in dealing with contentious matters such as disputes over Wills and Lasting Powers of Attorney. As well as preparing the aforementioned, she deals with Estate Administration and Court of Protection orders.