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Coming soon - Residential and commercial properties

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London

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0800 009 6304

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Leaseholds on new-build houses to be banned

Leaseholds on new-build houses to be banned

Builders are to be banned by the government from selling houses as leasehold in England and ground rents on flats could be cut to zero following widespread outrage over exploitative contracts. In a blow for major housebuilders such as Taylor Wimpey and Persimmon, the communities secretary, Sajid Javid, will set out plans on Tuesday to […]

Leasehold houses and ground rent

Leasehold houses and ground rent

What are leasehold houses? 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. Traditionally, houses have been sold as freehold, and the […]

Property market landmark leasehold case

Property market landmark leasehold case

One of Britain’s richest men, the Duke of Westminster, could see the value of his estates plummet this week if a landmark legal challenge is successful. The case could also benefit 2m households across England and Wales. The court of appeal will on Tuesday rule in the case of Mundy v the Sloane Stanley Estate […]