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* when a very small amount is paid to the owner (e.g. £1) to ensure their arrangement is legal
This guide covers how to:
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1. Access property attributes From sales property: |
2. Ground rent type options From property attributes: Info |
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How to use each ground rent option is explained in the following sections |
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3. When the ground rent amount is confirmed Where applicable, enter the relevant amount in Ground Rent (per annum): |
4. When a peppercorn ground rent applies When a peppercorn* rent amount is being charged: Enter the amount in Ground Rent (per annum) The Ground Rent Type will be automatically changed to Confirmed Change the Ground Rent Type to Peppercorn
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5. When ground rent is not applicable When ground rent is not applicable: Info |
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If ground rent per annum has been previously charged and has been entered in property attributes , selecting Not Applicable as the : will display a prompt, shown belowAfter changing the Ground Rent Type to :A prompt is displayed (shown below), click Yes Ground Rent Type is changed to Not Applicable, plus Ground Rent (per annum) nowdisplays as £0.00 and is also greyed out (plus type is Not Applicable)
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When the Ground Rent Type is set to Not Applicable or To Be Confirmed the Ground Rent (per annum)is always set to £0.00 For more information on entering ground rent (& service charges) in the Charges tab, click here: Service charge & ground rent |
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Report on ground rent type
1. Report on ground rent type As ground rent type is entered on a sales property, it is reported on via a sales property report From main menu: Click Reports then Power Reports and select report type of Property Report for Sales Click Show Property Criteria and then click Show more Select Ground Rent Type criteria option Select required type to report on
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2. Add View ground rent type information in property/Organiser report grids After running From a property report, from the report results report or organiser property grid: Right-click over the column headings, click Pick columns and select More Tick Ground Rent Type and click Accept The new Ground Rent Type column is added to the far right side of the grid - click and drag the column heading to the desired position If the field is blank this means that the type is at the default setting of To Be Confirmed Right-click over the column headings again and click Save grid layout If you have already saved the report criteria - to save to the default property report grid, select Save as default layout or, to save the grid just for this report, select Save grid to report The column will show when using this type of grid again - grid functions can be used to sort, group or filter the list To sort the list, click the column heading To group or filter the list, click to the right of the column heading to view filter icon and choose to Group by Ground Rent Type or select the type to filter by
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For more information on entering ground rent (& service charges), click here: Service charge & ground rent The example above shows a property grid accessed via a property Power Report - the same functionality is available when viewing a property grid via the Organiser |
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