Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Housing, Communities and Local Government, whether he has made a comparative assessment of the potential merits of (a) capping ground rents at a nominal sum and (b) reducing their value to zero.
My Department has been engaging with a range of stakeholders as part of developing a detailed approach to implementing this policy, and is currently exploring various policy options. We will set out further details in due course.