Everything Londoners Need to Know About Ground Rent and New £250 Charge

Everything Londoners need to know about ground rent and new £250 charge

London is home to the most leasehold properties in the country

MPs welcome ground rent cap that could save residents hundreds

South Cumbria’s MPs, Michelle Scrogham and Tim Farron, have reacted to the Government’s latest announcement that it will cap ground rents paid by leaseholders in England and Wales.

What is Ground Rent and Who Has to Pay It?

Ground rent is an archaic and often misunderstood aspect of property ownership in England and Wales. We look at who has to pay it, why, and how recent reforms will likely result in this feudal land charge finally becoming a thing of the past. Here, the team from online financial advice service Money Helpdesk has broken down everything you need to know about ground rent, including the latest developments around it. What is ground rent? In simple …