On 8 February 2022 the Leasehold Reform (Ground Rent) Bill received Royal Assent.

The Act restricts ground rents on newly created long leases of houses and flats to an annual rent of one peppercorn (a token of no financial value).

For the Act, click here.

For a House of Commons Library briefing, published on 20 January 2022, explaining the background to the Bill (as it then was) and its main provisions, click here.