I have a one bedroom victorian conversion flat in north London with 81 years remaining of a 99 year lease.
The ground rent on the flat is:
£75.00 PA for the 1st 33 years
£150.00 PA for the 2nd 33 years
£250.00 PA fo rthe 3rd 33 years
Am I correct in thinking that, for the purposes of the lease extension calculator, I should average the ground rent against the years remaining on the lease?
Hope someone can help!