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Leasehold reforms become law without ground rent cap

  • Reforms to leasehold and freehold in England and Wales have become law, aiming to simplify processes for lease extension and property management.
  • However, the promised cap on ground rents, including removal for existing leaseholders or capping at £250, has been omitted from the new law.
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Shropshire Star broke the news in Ketley, United Kingdom on Friday, May 24, 2024.
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