Ground Rent Suppression
More savings for some Darwin Green flat owners
Photo by Andre Taissin from Pexels: https://www.pexels.com/photo/close-up-shot-of-a-piggy-bank-beside-coins-6052793/
Effective 1st January 2025, four of the first four blocks of appartments in Darwin Green are no longer pay Ground Rent, and are not longer subject to periodic Rent Review.
Owners who bought a flat directly from Barratt/David Wilson (now Barratt-Redrow) in the Courtyard or the library and Plaza area have not been paying Ground Rent; only the buyers of the first flats built in the Darwin Green development were subject to it. The community took the matter to Barratt-Redrow, arguing that is was unfair that only the owners who invested early in the developement were charged with Ground Rent. The charge was approximately £500 a year, and was likely to go up in a few years time.