Further to the post regarding Rent Charge a few weeks ago, please see below further guidance and clarification.

Why & How is the Rentcharge calculated ?

The Rentcharge is levied from the freehold lands within the Estate to provide income for maintenance and improvements for the benefit of the Estate as a whole.

The Company shall allocate 10 points to any domestic property containing one habitable room; in addition, a further 5 points will be allocated for each additional habitable room.   The Company shall allocate 5 points to any domestic property containing a single garage and 10 points for a double garage.

Habitable rooms: means any room in a domestic property that could reasonably be lived in or slept in.  It includes, for example, living room, study, playroom, conservatory, dining room, bedroom; it excludes bathroom, water closet, staircase, corridor or landing, cloakroom, utility room, greenhouse or outhouse.

This could also include leisure rooms (gymnasium, pool, cinema, games), garden rooms, office.

Any queries regarding the Rentcharge/Park Rates, please email the Estate office at enquiries@nottinghamparkestate.co.uk