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<p>The Government wants to ensures that consumers only pay for services that they
receive. We will introduce legislation so that, in the future, ground rents on newly
established leases of houses and flats are set at a peppercorn. Costs incurred by
landlords for overseeing and appointing a managing agent, or carrying out wider services,
can be recovered through the service charge or a marginally higher sales price.</p><p><br>Prior
to introducing any final legislation in Parliament, the Government will undertake
a regulatory impact assessment. As part of this evidence-based procedure, we will
assess the economic, social, and environmental effects of the policy. This will include
an assessment of the economic implications of setting ground rents to a peppercorn
in terms of viability, affordability, and supply.</p>
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