In 2026, the government announced plans to cap ground rent on existing leases at a peppercorn and ban it entirely on new ones. This is big news, like finding out your CD collection qualifies as vintage. However, the legislation is still wending through Parliament like a slowed-down train. For now, if you have an onerous ground rent, don’t panic—but do start a folder called “Ground Rent Drama.” It will keep you organized and emotionally prepared.
Pro Tip: The “Service Charge” Confusion
Please don’t confuse ground rent with the service charge. Service charge pays for your lift, gardening, and concierge. Ground rent pays for… the land. It’s a separate invoice. If a freeholder tries to roll them into one bill, ask for a breakdown with the curiosity of a detective in a cozy crime novel. Transparency is your best friend.