Freeholders face £27.3bn fall in asset values if ground rents reduced to peppercorn, says government

Leaseholders would require a heart of stone not to be amused by the government’s assault on freeholders’ ground rent incomes. This long-festering corner of the residential market has attracted some of the least appetising spivs in property – before, of course, the British insanely made their homes one of the world’s best performing investment assets. … Continue reading Freeholders face £27.3bn fall in asset values if ground rents reduced to peppercorn, says government