• Source: Leasehold Reform (Ground Rent) Act 2022

The Leasehold Reform (Ground Rent) Act 2022 (c. 1) is an act of the Parliament of the United Kingdom. It defined the peppercorn rent as a price of one peppercorn per year and prohibited ground rent greater than that price on new leases.
Rising ground rents had prevented purchasers of leasehold properties in England from selling their homes since lenders refused to approve mortgages. This act is a part of the UK government's programme to reform the leasehold system.




See also


Leasehold Reform Act 1967
Commonhold and Leasehold Reform Act 2002




References

Kata Kunci Pencarian:

• Ground rent
• Leasehold Reform (Ground Rent) Act 2022
• Leasehold reform
• Peppercorn (law)
• Leasehold estate
• Marriage Value
• Land Acts (Ireland)
• List of statutory instruments of the United Kingdom, 2022
• Law of Property Act 1925
• Rentcharge