Cap for ground rent in England and Wales due to be announced
Source: BBC
The government will announce a cap on ground rents paid by leaseholders in England and Wales on Tuesday morning, the BBC understands. Labour's 2024 election manifesto promised to "tackle unregulated and unaffordable ground rent charges".However, there had been suggestions the government could retreat from its pledge due to concern about the potential impact on pension funds. The government has not yet confirmed…
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