Future home buyers will be free from ground rent obligations from 30 June 2022, when the government’s ban on charging ground rent on leases comes into force.
From 30 June 2022, ground rent will be banned on most new residential leases from 30 June 2022, which should put an end to the expensive and unregulated cost of ground rent that has been borne by homeowners for so long.
This new legislation forms part of the governments reform package that will…
