Barratt Developments has eliminated ground rents on new developments, it has been reported this week.

Barratt, the UK’s largest housebuilder, is also reportedly to offer 999-year leases on new-build flats, according to the Independent newspaper. 

Campaigners have welcomed the news, increasing their hope that this will end the ground rents industry – though it seems existing Barratt home leases will not have ground rent removed. 

Beth Rudolf, director of delivery at the Conveyancing Association, commented: “Without seeing the Barratt’s lease, it is difficult to make a quick judgement.

“However it is clearly positive they are already taking the lead on the recommendations in t...

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