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TPP477: May Market Update

The Property Podcast

00:00

Ground Rent

35 developers have signed up to fix all buildings of 11 metrs or higher that they've built in the last 30 years. There's also going to be a building safety leve that's going to be charged on new residential buildings, which apparently is going to raise an additional three billion pounds over 10 years. Ground rent charges are banned from june thirtieth, 20 22 - but if you renew your lease it will move to zero. So i'm feeling very happy about this one.

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