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Government proposals to cut down on unfair leasehold practices

Tue 25 Jul 2017

Government proposals to cut down on unfair leasehold practices

Under the governments new proposals announced today, the sale of new-build homes under leasehold could be banned.

The government is proposing an eight-week period of consultation from today to look into what action, if any, can be taken to reduce unfair abuses of leasehold and enable a more transparent system for homebuyers. In addition they have launched a second consultation on proposed secondary legislation that recognises residents’ associations, and their power to request information about tenants.

Read more from Yashmin Mistry here.

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