Property News · September 21, 2017

New figures reveal scale of controversial leasehold homes


ONS estimates that 1.4m houses and 2.9m flats have been sold with such contracts as government considers ban on new sales by developersThe number of leasehold houses in England is significantly higher than previously estimated, according to new government figures released before an expected ban on future sales by developers. The Office for National Statistics said there were 1.4m leasehold houses in England in 2015-16, compared with the previous estimate of 1.2m in 2014-15, following a change in methodology used. Continue reading…

Source : theguardian.com
Read more…New figures reveal scale of controversial leasehold homes