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Ground rent: ‘We feel like prisoners in our own home’13 Jan 2:00am

Ground rent: ‘We feel like prisoners in our own home’

The Guardian
High charges have left young homebuyers trapped – and the John Lewis pension fund has been accused of playing a role Thousands of young homebuyers remain trapped in virtually brand-new homes made unsaleable by spiralling ground rents and abandoned by developers such as Taylor Wimpey, despite a ban on the charges promised by the government. Guardian Money can also reveal that the £5bn John Lewis pension fund is behind the soaring rents that have made the lives of some homeowners a misery.
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