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International Business Times UK
International Business Times UK
Stephanie Cruz

Keir Starmer Has Announced A New £250 Cap On Ground Rent For Leaseholders

Keir Starmer Faces Fiery PMQs After Humiliating U-Turn On Mandatory Digital ID Cards (Credit: Screenshot:Instagram/keirstarmer)

Keir Starmer posted a video to TikTok on Monday morning. By lunchtime, millions of leaseholders knew their ground rents would never climb above £250 ($310) a year again.

The Prime Minister called it a promise delivered. Ministers called it the end of a 'feudal' system that has trapped homeowners in escalating fees for decades. Housing Secretary Steve Reed went further. He called it 'frankly, a scam', the BBC reported.

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