Ground rents to be capped at £250 a year for leaseholders says Starmer

Keir Starmer revealed on TikTok that ground rents are set to be capped at £250 a year for leaseholders in England and Wales despite a Treasury alarm over the impact on businesses. The government insisted the change will save many people £4,000 over the course of their lease, and free up householders who have struggled to sell because of eye-watering annual charges.