‘Builders must pay to fix rip-off leaseholds’
Responsibility for repairs in leasehold flats and houses.. Who pays for repairs in a leasehold home? Leaseholders must pay for repairs that the lease says they are responsible for.. How to report repair problems to the freeholder.
‘Builders must pay to fix rip-off leaseholds’. Builders accused of mis-selling new homes are braced for legal claims worth millions of pounds after locking buyers into leases with spiralling ground rent charges. Sajid Javid, the communities secretary, this week announced plans to ban homebuilders from selling new houses on a leasehold basis.
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Developers must be stopped from selling rip-off leaseholds on properties ‘for no good reason’, Ministers said yesterday. Builders are increasingly selling new-build houses with costly.
The government is set to overhaul the leasehold system in England, banning new houses being sold as leaseholds and reducing onerous ground rents to zero. The announcement is the culmination of a consultation into unfair leasehold practices launched in July, and will see some respite offered to buyers of new-build homes.