UK government caps ground rents paid to freeholders
Limit to be set at £250 a year in England and Wales after PM overrules chancellor to push through manifesto pledge
Limit to be set at £250 a year in England and Wales after PM overrules chancellor to push through manifesto pledge

The government needs to revive the appeal of flats — but capping ground rents at £250 a year won’t cut it

The chancellor must initiate lasting reforms to raise revenue and cut costs

Labour MPs warn chancellor that a possible £1.5mn threshold for the new levy would be too low

Treasury appoints HSBC and law firm Ashurst to lead project first announced by Rachel Reeves in 2024

The UK government must now show it can turn investment into growth

Building owners would no longer be able to ‘unreasonably refuse’ upgrade requests from leaseholders