There are a large number of leasehold apartments on High Royds including conversions plus new build by Barratt David Wilson Homes or Avant Homes.
The freeholds of these blocks are owned by different organisations plus two registered social landlords. It appears from comments made by residents that the annual amount of the ground rent differs between blocks possibly due to when the apartments were first sold.
HRRA has recently learned that in one case of a new build apartment originally built by Avant, the freeholder was willing to amend the ground rent increase clause to make it acceptable to a major bank for mortgage purposes. This involved the seller paying a premium in return for this variation of the lease terms.
If any leasehold owner would like more details, please email hrra@highroyds.org.uk and we will arrange to put you in contact with the owner whose lease has been varied in the way described.
High Royds Residents' Association 