Confusion over Ground Rent changes

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Confusion over Ground Rent changes

We’ve taken a few calls recently from existing long leaseholders who believe that they are being incorrectly charged for Ground Rent.

However, whilst the law has changed, and ground rents will in future not be able to be demanded, this only relates to new long leasehold interests and is not retrospective.

The new law started on 30 June 2022.

For greater information, see this helpful article which should explain in layman’s terms how this may or may not affect you: https://www.kdllaw.com/legal-updates/the-leasehold-reform-ground-rent-act-2022-is-finally-law-but-what-does-it-actually-mean

It goes without saying that you should always seek legal advice on matters such as this, if you have any doubts.

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