RESIDENTIAL LEASEHOLD GROUND RENTS

Motion Text

That this House and Government take action to rectify the onerous ground rent situation that causes leaseholders to have to overpay to purchase their properties suffering unreasonable and unethical ground rents introduced by developers over the last 10 years rendering their properties unsaleable at reasonable prices; and further calls on public agencies, corporate responsibility groups and the Government to investigate sharp selling practices by developers and granting of harmful leases and to review this systematic abuse with a view to making possible restitutionary relief.