How about an actual cap on rent so people can afford to live in this godforsaken country
Dixeh on
While there’s still issues with renting and being able to buy in this country, this is a good step towards something good.
Accomplished-Bad4536 on
Won’t this just be absorbed by new ‘service charges’ ?
strongfavourite on
good, a step in the right direction. next, fix council tax.
ABlueCloud on
> Announcing the cap in a TikTok video, Prime Minister Sir Keir Starmer said…
This has irrationally triggered me. Since when did official business start being announced over fucking tiktok?
UniquesNotUseful on
This is a good compromise, even with the annoying 40 year delay for reduction to peppercorn and proposed two years to pass.
Above £250 and it’s difficult to get a mortgage outside London (£1,000 in). The 40 years helps “pension funds” that use it as reliable income but this is likely a small amount overall, think they could have been more aggressive.
They also need to tackle the scam where leaseholders take a commission from buildings insurance.
Important_Ruin on
This sub never changes.
Good news, instead of the usual negativity wave, but still comments of what about this other thing.
Previous government did absolutely nothing about this or anything else for 14 years.
doombake on
Isn’t ground rent often peppercorn anyway? The article even said median ground rent is £120 a year before it was edited to give the average instead.
It’s service charges that are the real killer.
Rosur on
Just hope they implement something like this for service charges say max 1% of property value for the year or something like that. To stop the ridiculous increases people get.
9 commenti
How about an actual cap on rent so people can afford to live in this godforsaken country
While there’s still issues with renting and being able to buy in this country, this is a good step towards something good.
Won’t this just be absorbed by new ‘service charges’ ?
good, a step in the right direction. next, fix council tax.
> Announcing the cap in a TikTok video, Prime Minister Sir Keir Starmer said…
This has irrationally triggered me. Since when did official business start being announced over fucking tiktok?
This is a good compromise, even with the annoying 40 year delay for reduction to peppercorn and proposed two years to pass.
Above £250 and it’s difficult to get a mortgage outside London (£1,000 in). The 40 years helps “pension funds” that use it as reliable income but this is likely a small amount overall, think they could have been more aggressive.
They also need to tackle the scam where leaseholders take a commission from buildings insurance.
This sub never changes.
Good news, instead of the usual negativity wave, but still comments of what about this other thing.
Previous government did absolutely nothing about this or anything else for 14 years.
Isn’t ground rent often peppercorn anyway? The article even said median ground rent is £120 a year before it was edited to give the average instead.
It’s service charges that are the real killer.
Just hope they implement something like this for service charges say max 1% of property value for the year or something like that. To stop the ridiculous increases people get.