Registered Office Address:

Housemartins Independent
Estate Agents Ltd.

Estate Agents Ltd
37 Plough Way
Surrey Quays
London
SE16 2LS

Tel: 020 7231 5656
Fax: 020 7231 0535

Housemartins Brockley

The Tea Factory
100-106 Endwell Road
Brockley
London
SE4 2LX

Tel: 0208 691 9649

Company Number: 3866296

Peppercorn Rent

This means a nominal or token rent – the minimum payment necessary to establish the legality of an agreement. It usually arises where the lease is a deed which does not need a significant consideration other than a token acknowledgement to recognise the landlord and tenant relationship. In practice a peppercorn rent is never demanded although occasionally a pedantic conveyancer may require the collective arrears to be paid off (or at least included) as part of the financial statement on completion of a sale.