Leasehold FAQ

Ground Rent Review Assistance Scheme

New homes at Etling View

On 22 December 2021, Taylor Wimpey plc announced that the CMA’s investigation into the historical sale of leasehold properties with doubling ground rent clauses by the company is closed, following the agreement of voluntary undertakings. Further information can be found here.

In 2017, Taylor Wimpey launched the Ground Rent Review Assistance Scheme (GRRAS) which was put in place to help customers who purchased from us, and currently own, homes which have a lease with a ten-year doubling ground rent clause.

This scheme, offered by Taylor Wimpey on a voluntary basis to qualifying customers, followed a comprehensive review which looked at the concerns raised regarding the saleability and mortgageability of these properties, and included detailed discussions with freeholders, lenders and third party experts.

For further information on the current scheme, including qualifying criteria and guidance on how to start the process, see the Frequently Asked Questions (FAQ) below.