What is peppercorn ground rent and how does it work?

Traditional British detached house with garden, garage, and red brick exterior.

If you’re exploring leasehold properties for sale, you’re likely to come across terms like ground rent, service charge, and peppercorn rent. While these phrases might seem confusing at first, they can have a significant impact on your property ownership journey, especially as leasehold reform continues to unfold.  This guide breaks down what ground rent means, […]