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Bottomley to raise with Churchill Retirement its decision to continue charging ground rents

By Sebastian O'Kelly on Apr 28, 2023 05:57 pm
Bottomley to raise with Churchill Retirement its decision to continue charging ground rents

Sir Peter Bottomley is to raise with Churchill Retirement – a private company owned by the McCarthy family – its decision to continue to charge ground rents on sites that have not yet opened.

New ground rents were banned under the Leasehold Reform (Ground Rent) Act 2022, which came into force at the end of June last year – with a brief extension to April 1 2023 for retirement housebuilders, who lobbied strongly against the change.

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