✓ Passed into LawLords
UK Parliament · Bill
Leasehold Reform (Ground Rent) Act 2022
Summary
This Act caps or controls how much ground rent landlords can charge leaseholders for properties. It aims to stop ground rent from becoming so expensive that it makes leasehold homes impossible to buy, sell, or mortgage. Basically, it protects leaseholders from being hit with unfairly large bills for the land their home sits on.
A vote to support means
- —Supporting this Act means backing rules that make leasehold properties fairer for buyers and renters. It helps protect people from paying unreasonably high ground rent (an annual fee paid to the property owner) that could make homes unaffordable over time.
A vote to oppose means
- —Opponents worry that limiting ground rent might reduce the income of freeholders (people who own the land), potentially affecting property values and investment. Some argue it interferes with private property rights and existing contracts.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Bill Passage
Commons
- 1st reading15 Sept 2021
- 2nd reading29 Nov 2021
- Committee stage7 Dec 2021
- Report stage24 Jan 2022
- 3rd reading24 Jan 2022
Lords
- 1st reading12 May 2021
- 2nd reading24 May 2021
- Committee stage9 Jun 2021
- Report stage20 Jul 2021
- 3rd reading14 Sept 2021
Royal Assent8 Feb 2022
Full Bill Description(click to expand)
No description available