Finance

Peppercorn ground rent cap ‘disastrous’ for investors, experts tell DLUHC

By 2024-01-18T12:49:00

Michael Gove pensive

Source: Shutterstock / Peter Rhys Williams

Capping ground rents at a peppercorn would have “disastrous consequences” for investors and could cost taxpayers £31bn in compensation, property experts said as the government’s consultation on the matter closed.

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