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.
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