London, UK -- (SBWIRE) -- 05/11/2012 -- Across the UK, many landlords and tenants have entered into an agreement called a ground rent. This basically means that the tenant pays for the right to use a certain plot of land, but not the land itself. So while the renters own the property where they reside, they do not own the land on which the residence or business was built.
Throughout the UK, many people who own a flat will pay a certain amount of ground rent every year to their landlords. Once the lease expires, the flat or other piece of property will go back to the freeholder of the block.
In some cases, it can be advantageous to sell a ground rent. For example, it can help a company lessen its administrative work. In this situation and others, certain property management companies will purchase the freehold groundrent.
A UK company has been getting a lot of attention lately for its ability to buy ground rents pertaining to any lot size—quickly and easily.
The GR Group, which has been in business for over 20 years, specialises in buying freehold ground rent investments across the UK. The business can work with commercial or residential clients, and prides itself on making decisions that are immediate and fair.
Potential clients who wish to sell their ground rents are welcome to visit the GR Group website at any time. There they will find the contact information for the staff of the company, who are ready, willing and able to work with people who would like to sell their freehold ground rent investments. For anyone who has questions about the process and the advantages of selling their ground rents, the friendly staff at the GR Group is also happy to assist.
About the GR Group
At the GR Group, we have been buying freehold ground rent investments for over 20 years. From residential to commercial, and from small lots to large, we offer our clients fair and immediate decisions. For more information, please visit http://www.grgroup.co.uk