Gaining ground?

Article Abstract:

There is growing interest in ground rents in the UK, with prices for commercial ground rents rising by 20% since 1994, and prices for residential ground rents doubling over the same period. Ground rents are income from freehold interests in sites where the long leasehold on buildings is owned by another party. Ground rents offer security of income as well as the ownership rights which come with the freehold. However, the Housing Act of 1996, with effect from Oct. 01 1996, could affect the residential market since landlords must inform tenants of any intention to sell a property.

Analysis

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Farrington joins J Trevor buy-out

Article Abstract:

J Trevor and Webster has appointed Peter Farrington, former chief executive of Herring Baker Harris, to take charge of its operations in Bristol, England. He will also be responsible for bringing in more agency business to the company as a whole. The move is part of a wider restructuring of the management team at J Trevor and Webster.

Officials and employees, Appointments, resignations and dismissals, Farrington, Peter, J. Trevor and Webster

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