Ground Rent Abolition for all leasehold apartments.

15
signatures
rejected

Background

Abolish ground rent completely for all leasehold apartments. Freeholders are changing nearly £500 ground rent on apartments built in 2016. Such flats are not sellable. STOP these extortion by landlords.

Additional details

Abolish ground rent completely for all leasehold apartments. Freeholders are changing nearly £500 ground rent on apartments built in 2016. Such high ground rent are not acceptable by mortgage lenders as there is a forefeiture clause and Freeholder are not willing to do deed of variation without paying them 10s of thousands. Such flats are not sellable and a trap. STOP these extortion by landlords.

Source: UK Government & Parliament Petitions service. Petition ID: 718083.