The UK Government needs to review the currently legal practise of allowing land owners to set their own rent levels. Give people in new build homes protection from high increases in ground rent. Perhaps linking land value to the Retail Price Index and giving buyers the right to buy the lease at a reasonable price.
Why is this important?
Too many owners of new properties are living in fear that the leasehold property they own is open to high ground rent increases and high purchase costs in the future. It is important that they have the peace of mind knowing that they will be able to afford fees and price increases in the future. Please help put a stop to this unfair practice.
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