To ask the Secretary of State for Levelling Up, Housing and Communities, with reference to the consultation entitled Modern leasehold: restricting ground rent for existing leases, published on 9 November 2023, whether he plans to implement changes arising from that consultation in this Parliament.
Answered on
23 May 2024
The Government recently consulted on a range of options to restrict ground rents for existing leases. We asked questions about the impacts of the options on different stakeholder groups and how a cap would work in practice. This included questions on how freeholders use ground rent currently, and whether there are costs that freeholders meet through ground rent which are more appropriately suited to the service charge.
We are carefully considering the responses we have received and will set out next steps in due course.