What is peppercorn ground rent?
The phrase peppercorn rent refers historically to a very low or small amount of rent. The Leasehold Reform (GroundRent) Act 2022 defines it as an annual rent of one actual peppercorn.
The phrase peppercorn rent refers historically to a very low or small amount of rent. The Leasehold Reform (GroundRent) Act 2022 defines it as an annual rent of one actual peppercorn.