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Written question asked by Andrew Lewer (Conservative) on Tuesday, 26 March 2024, in the House of Commons. It was due for an answer on Monday, 15 April 2024. It was answered by Lee Rowley (Conservative) on Monday, 15 April 2024 on behalf of the Department for Levelling Up, Housing and Communities.


Ground Rent

Question

To ask the Secretary of State for Levelling Up, Housing and Communities, what estimate his Department has made of the potential impact of capping ground rents on the public purse.

Answer

Government has consulted on a range of options to restrict ground rent in existing leases and asked questions about the effects of these proposals. We received a significant number of responses from a variety of sources. A consultation impact assessment has been published and can be found at Consultation impact assessment - modern leasehold: restricting ground rent for existing leases.

That consultation closed on 17 January, and Government is currently analysing the responses before taking a decision on how to restrict ground rents through the Leasehold and Freehold Reform Bill.


Secondary information

Type
Written question
Reference
20768
Session
2023-24
Subjects
Ground rent
Contains statistics
Yes
Link
View this Written question on www.parliament.uk