Retirement housebuilders given ground rent exemption

June 28, 2019
Retirement housebuilders will be exempt from the government’s plan to reduce ground rents for new leases to zero financial value, as part of the leasehold reforms it has confirmed it will implement. Responding to its consultation from last autumn on implementing reforms to the leasehold system in England, the Ministry of Housing, Communities and Local Government (MHCLG) said it acknowledged ...

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