Property News · December 21, 2017

Sajid Javid promises to liberate leaseholders from 'feudal practices'


Communities secretary says new rules will make extending or buying a freeholdLeaseholders are to be freed from “feudal practices” in the property market, according to the government minister responsible for housing, with new rules to make extending a lease or purchasing a freehold “much easier, faster and cheaper”.Sajid Javid, the communities secretary, also said the government would go ahead with a ban on leaseholds on new-build houses first announced in July, and will force developers to cut controversial ground rents to zero for all new apartments and houses. Continue reading…

Source : theguardian.com
Read more…Sajid Javid promises to liberate leaseholders from ‘feudal practices’

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