Labour is set to introduce a new limit on ground rent, aiming to protect leaseholders from excessive charges. This move comes as a response to concerns over escalating ground rents that have burdened many homeowners. The proposed cap on ground rent is part of Labour’s commitment to address issues within the housing sector. The initiative is expected to provide relief to leaseholders facing financial strain due to high ground rent fees. This measure is seen as a step towards ensuring more affordable and fair housing options for residents.
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