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  • 10 months ago
MPs and campaigners urge the government to act on promised ground rent caps, which affect many homeowners and families.

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00:00Many homeowners could see relief if promised changes to ground rents go ahead, but MPs warn the government must act quickly to avoid frustration.
00:09Leaseholders who pay fees to freeholders often face rising annual charges that make properties harder to sell or get a mortgage.
00:17Campaigners say delays have left families trapped in homes they cannot easily move from, affecting their finances, life plans and even decisions about starting a family.
00:27Rising ground rents can add hundreds of pounds each year, forcing people to rent while saving for another home.
00:35Backbench MPs and housing groups say a clear legal limit is urgently needed to prevent further hardship and uncertainty for millions.

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