A campaigner has hailed the potential abolishment of ground rents for existing leasehold properties as a “slow-mo death blow” of the “antiquated and iniquitous leasehold regime” in England and Wales.
The effective scrappage of ground rents is among the options listed in the government’s consultation launched on Friday to slash the charge, which it says can “result in spiralling payments” for leasehold homeowners and cause problems for those who want to sell their properties.
