MPs back setting new-build house ground rent at one peppercorn a year
People with leases on new-build houses say freeholders are charging them exorbitant amounts. …
When a leasehold flat or house is first sold, a lease is granted for a fixed period of time, typically between 99 and 125 years – but sometimes up to 999 years. People may extend their lease or buy the freehold, but this can be complicated and expensive and involve legal fees.
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