Money

Leasehold houses and the ground rent scandal: all you need to know

Campaigners say 100,000 homebuyers in England are trapped in developer contracts with spiralling costs – how did this happen?

Britain has had leasehold homes for hundreds of years, but only in the past few months has the ground rent scandal exploded. Now the government is proposing a complete ban on new houses sold as leasehold, and reducing ground rents to zero.

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