Property News · July 26, 2017

Victims of ground rent scandal demand action on existing abuses


As government plans to ban leaseholds on new-build houses, there are claims up to 100,000 people own ‘unsellable’ propertiesVictims of the ground rents scandal are demanding ministers go further in tackling unfair abuses of the leasehold system, amid claims that as many as 100,000 existing homeowners remain trapped in properties that are “unsellable”.The communities secretary, Sajid Javid, on Tuesday outlined plans to ban developers from selling new-build houses in England as leasehold, and restrict ground rents on new flats to as low as zero, following widespread outrage over exploitative contracts. Continue reading…

Source : theguardian.com
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