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31 August 2010

Morgoed Estates Ltd has has completed on the purchase of a portfolio of ground rents and rentcharges in Frodsham, Bolton, Stockport and Manchester from Action For Children.

AFC are a major nationwide charity providing support for vulnerable and neglected children. Douglas Jones mercer acted for AFC.

Morgoed Estates frequently purchases ground rent portfolios from charities ranging from small local groups to large nationwide concerns such as AFC or Friends Trust. We have considerable expertise in structuring transactions to comply with the Charity Commission guidelines on ground rent disposals. Please contact us for details.

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