Residential ground rent cap – the Leasehold Reform (Ground Rent) Bill
By EsqSocial Corporation 24/05/21
On 12 May 2021, the Leasehold Reform (Ground Rent) Bill (Ground Rent Bill) was introduced to Parliament. The much-anticipated Ground Rent Bill, if and when it receives Royal Assent, will implement the government's objective of capping ground rents in new, long residential leases at a peppercorn. It will also represent a significant step towards the wider government aim to overhaul the residential leasehold system in England and Wales, with significant implications for developers, investors and...
By: Dentons