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The Leasehold Reform (Ground Rent) Act 2022

Article contributed by Ian Quayle   The  Leasehold Reform (Ground Rent) Act 2022 became law on the 30th June 2022 as part of the reform of leasehold ownership in England and is part of the Government plan to make home ownership fairer and more transparent for future leaseholders.   The Government maintains that some leaseholders are contractually obligated to pay onerous and escalating ground rents, with no clear service in return and the purpose of the 2022 Act is redress the imbalance…

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