Retirement housebuilders' shock at leasehold reform plan

Beechmere Extra Care © TODD Architects

Source: © TODD Architects

Firms say government moves to ban ground rents will make homes more expensive

Retirement housebuilders have expressed horror at the government’s plans to ban them charging ground rent on their developments under leasehold reforms set out yesterday.

Housing secretary Robert Jenrick said the ban on ground rents on retirement housing, to match bans on leasehold flats and homes, was being brought in to protect older people from “uncertain and rip-off practices”.

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