Mortgages: Ground Rent
The question
To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential impact of the level of ground rents on mortgage lending decisions.
Answered by Emma Reynolds
The pricing and availability of mortgages, including how ground rents factor into mortgage applications, is a commercial decision for lenders in which the Government does not intervene.
More widely, the Government remains firmly committed to its manifesto commitment to tackle unregulated and unaffordable ground rents.
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