1st Property Lawyers -Leaseholds Being Overhauled?

1st Property Lawyers – The Advice: Get a trustworthy Conveyancing Solicitor Newcastle on your side!

The Government said in the housing white paper published earlier this year that it wants to ban leases on new houses.

The Communities Secretary Sajid Javid followed this up by outlining his plans that also included restricting ground rents to as low as zero.

He said: ‘It’s clear that far too many new houses are being built and sold as leaseholds, exploiting home buyers with unfair agreements and spiralling ground rents.

‘Enough is enough. These practices are unjust, unnecessary and need to stop.’