Ground rents to be banned from end of June


29/04/2022
by: Mary-Anne Bowring

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Introduction: The Upcoming Ban on Ground Rent Charges

This section introduces the government’s decision to ban charging ground rent on leases from June 30, 2022, and outlines the penalties for landlords who do not comply.

What the Ban Means for Leaseholders

Explains how the ban affects future leaseholders, the role of freeholders, and advice for those about to sign a lease before the change.

 

The Leasehold Reform Bill: A Step Toward Affordable Home Ownership

Discusses the broader context of the Leasehold Reform Bill and how this is part of the government's efforts to make home ownership more affordable.

The Impact of Ground Rents on Existing Leaseholders

Addresses how some existing leaseholders will continue to pay ground rents, even with changes to prevent increases, and highlights the impact on the housing market.

Industry Reactions: What Experts Are Saying

Highlights statements from key figures like Timothy Douglas and Mary-Anne Bowring, providing insight into the implications of the new law and industry concerns.

Looking Ahead: Potential Future Reforms and the Common Hold System

Looks forward to potential further reforms, including the government’s consultation on replacing ground rents with the common hold system and what this could mean for the housing market.

Looks forward to potential further reforms, including the government’s consultation on replacing ground rents with the common hold system and what this could mean for the housing market.

https://propertyinvestorpost.com/ground-rents-to-be-banned-from-end-of-june/


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Lease Extension, FH and Right to Manage

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