Residential Property News

Trouble with ground rent: what does the future hold for leaseholders?

• Posted2022-06-30 00:00
• AuthorTom Bessant

Property ownership has been on the Government’s agenda for many years with the aim to address the challenges some people encounter. The Government has now focused its attention on leasehold properties and from the end of this month will implement a ban...

As announced in the Mini Budget by the Chancellor yesterday, if you purchase a residential property between 8 July 2020 and 31 March 2021, you will now only start paying SDLT on the value of the purchase price which exceeds the £500,000 threshold. The...