Leasehold Reform (Ground Rent) Act 2022

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]

Leasehold Reform (Ground Rent) Act 2022

Act of Parliament
Parliament of the United Kingdom
Long title	An Act to make provision about the rent payable under long leases of dwellings; and for connected purposes.
Citation	2022 c. 1
Introduced by	Michael Gove, Secretary of State for Levelling Up, Housing and Communities (Commons) Lord Greenhalgh (Lords)
Territorial extent	England and Wales
Dates
Royal assent	8 February 2022
Commencement	1 April 2023
Status: Current legislation
History of passage through Parliament
Text of statute as originally enacted
Text of the Leasehold Reform (Ground Rent) Act 2022 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

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.^[3]

See also

• Leasehold Reform Act 1967
• Commonhold and Leasehold Reform Act 2002