The benefits of exchanging early on ground rent disposals

The benefits of exchanging early on ground rent disposals

We’ve recently contracted on a prestigious development in the North West, two high spec towers complete with roof garden, concierge and retail on the ground floor.

Whilst completion likely isn’t going to occur before Quarter three in 2021, we were happy to exchange on it now.

An early exchange on a ground rent disposal provides multiple benefits to a developer:

  • Surety of sale/ exit, which can assist with funding
  • Expedited completion – following PC and the sale of the last unit, notice is served and we complete thereafter.

Should you have a development that’s currently in planning or construction, then please contact

“We will consider any type of residential ground rent and work with our clients to structure the transaction that works best for them.”
Mark Hawthorn - CEO

If you have any opportunities that you would like to discuss contact Ben Ogunby today

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