Leasehold: Ground Rent

(asked on 16th March 2022) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, what estimate he has made of the number of leasehold dwellings sold since 2010 that were subject to doubling clauses in their ground rent charges in (a) England, (b) Buckinghamshire and (c) Wycombe constituency.


Answered by
Eddie Hughes Portrait
Eddie Hughes
This question was answered on 24th March 2022

We do not hold information on properties subject to such charges at a local authority or constituency level. The department conducted an Impact Assessment for the Ground Rent Act, which included data on the number of properties in England and Wales that may charge ground rent, and may have doubling review clauses. The Impact Assessment is available on the UK Parliament website: https://bills.parliament.uk/bills/2864/publications.

The Leasehold Reform (Ground Rent) Act 2022 will put an end to ground rents for new residential leasehold properties as part of the most significant changes to property law in a generation. The Act's provisions will lead to fairer, more transparent homeownership for thousands of future leaseholders.

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