Property News · July 25, 2017

Leasehold houses and the ground rent scandal: all you need to know


Campaigners say 100,000 homebuyers in England are trapped in developer contracts with spiralling costs – how did this happen?Britain has had leasehold homes for hundreds of years, but only in the past few months has the ground rent scandal exploded. Now the government is proposing a complete ban on new houses sold as leasehold, and reducing ground rents to zero. Continue reading…

Source : theguardian.com
Read more…Leasehold houses and the ground rent scandal: all you need to know