Everything you need to know when buying a leasehold property
The leasehold reform bill has just passed its third reading through the House of Commons, aiming to restrict ground rents on newly created long residential leases to one peppercorn per year.
However, despite the government promising to resolve injustices for existing leaseholders, an amendment that would see ground rents removed for all existing leasehold properties was defeated recently, throwing further uncertainty at those affected as they wait for the legislation to pass. To continue reading, please Click Here