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By Elliot Gulliver-Needham An investment trust that makes money from ground rents has expressed relief after plans to ban the fees were dropped from one of the last bills to pass through parliament before it was dissolved ahead of the general election. On Friday, the £28m Ground Rents Income Fund said the bill, which passed last week, represented “a better outcome for the company than contemplated.” Leasehold property owners pay ground rents to freeholders to essentially rent the land from the ultimate controlling party. Campaigners havefought, ultimately unsuccessfully, to get these charges s…

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