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<p>In 2015-16, there were 4.2 million leasehold dwellings in England, including 1.4
million houses. While there are examples of leasehold working well, there are also
problems including disproportionate costs to extend leases, poor value property management,
and a slow and costly sales process.</p><p>We will bring forward legislation as soon
as Parliamentary time allows, prohibiting new residential long leases from being granted
on houses. We will also introduce legislation so that, in the future, ground rents
on newly established leases of houses and flats are set at a peppercorn.</p><p>The
Government intends to consult over the summer on how our plans will be implemented.</p><p>On
26 June 2018, the Government published <em>How to Lease: </em>a guide for anyone already
living in a leasehold property or anyone thinking of buying one.</p><p>The Government
wants to ensure there is appropriate support for existing leaseholders. We are working
with the ombudsmen and Trading Standards to provide leaseholders with comprehensive
information on the various routes to redress.</p>
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