The Leasehold Reform (Ground Rent) Act 2022 (c. 1) is an act of the Parliament of the United Kingdom.
It defined the peppercorn rent as a price of one peppercorn per year and prohibited ground rent greater than that price on new leases.
[1][2] Rising ground rents had prevented purchasers of leasehold properties in England from selling their homes since lenders refused to approve mortgages.
[2] This act is a part of the UK government's programme to reform the leasehold system.
This legislation in the United Kingdom, or its constituent jurisdictions, article is a stub.