Ground Rent

(asked on 12th April 2024) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Levelling Up, Housing and Communities, whether it remains his policy to introduce a cap on ground rents to a peppercorn value.


Answered by
Lee Rowley Portrait
Lee Rowley
This question was answered on 19th April 2024

The Government recently consulted on a range of options to restrict ground rents for existing leases. Alongside the consultation we published a consultation impact assessment, assessing the expected costs and benefits of each of the policy options. This can be found here: Consultation impact assessment - modern leasehold: restricting ground rent for existing leases - GOV.UK.

We are carefully considering the responses we have received and will set out next steps due course.

Reticulating Splines