In its manifesto, Labour promised to ‘act where the Conservatives have failed and finally bring the feudal leasehold system to an end’ Economics
Prime Minister Sir Keir Starmer said the cost of living ‘is the single most important thing across the country.’ Society
Ground rent to be capped at £250 in huge shakeup for London’s leaseholders mylondon.news Economics
Many Londoners have complained about the level of ground rents but freeholders are warning the reforms will hit the property market Economics
MILLIONS of leaseholders will have their ground rents capped at £250 a year as part of a major overhaul of the housing system. The Government has announced the change will come into force from 2028 and said it will save homeowners thousands of pounds. Ground rents will drop to a peppercorn - a nominal amount... Society