Ground Rent

(asked on 13th June 2018) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, what steps he is taking to ensure that ground rent increases are kept in line with inflation.


Answered by
Heather Wheeler Portrait
Heather Wheeler
This question was answered on 20th June 2018

The Government response of 21 December 2017 to the consultation on ‘Tackling unfair practices in the leasehold market’ set out a range of measures to cut out unfair and abusive practices within the leasehold system. This includes introducing legislation to prohibit the development of new build leasehold houses, other than in exceptional circumstances, and restricting ground rents in newly established leases of houses and flats to a peppercorn (zero financial value).

To help existing leaseholders the Law Commission is reviewing the law on enfranchisement with a view to making it fair, faster, and cheaper for leaseholders to extend their lease or buy their freehold. They are also considering whether there needs to be a ban on transmitting unfair terms when a lease is sold on.

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