Britain’s competition watchdog has said ground rent is “neither legally nor commercially necessary” and that government may need to step in to protect consumers from…
View More Ground rent not legally or commercially necessary, says UK watchdogTag: Leasehold
Freeholders living off ‘rentier structure’ with ‘exorbitant’ ground rent, MPs say
MPs have laid into freeholders for creating a “rentier structure” in England and Wales in recent years, charging “exorbitant” ground rents of £8,000 a year…
View More Freeholders living off ‘rentier structure’ with ‘exorbitant’ ground rent, MPs sayOwners of Centre Point flats tell of distress at £240,000 repair bills
A group of flat owners in a landmark building complex in central London have been hit with bills for almost £240,000 each for repairs and…
View More Owners of Centre Point flats tell of distress at £240,000 repair billsTaylor Wimpey drops costly leasehold terms after investigation
Thousands of people who bought leasehold homes from the housebuilder Taylor Wimpey will be liberated from terms where their ground rent charges doubled every 10…
View More Taylor Wimpey drops costly leasehold terms after investigationFire safety advice for low-rise blocks to be withdrawn, Gove says
Safety advice that has left thousands of households unable to sell their homes after the Grenfell Tower fire will be withdrawn by Christmas, Michael Gove…
View More Fire safety advice for low-rise blocks to be withdrawn, Gove saysNew housing secretary Michael Gove urged to fix building safety crisis
The former Tory leader Iain Duncan Smith launched a new wave of backbench pressure on the government to solve the building safety crisis, leading a…
View More New housing secretary Michael Gove urged to fix building safety crisisOwners of low-rise flats freed from wall safety certificate need
Ministers have sought to help people trapped in flats they cannot sell or remortgage by changing advice on fire safety paperwork for lower-rise blocks, although…
View More Owners of low-rise flats freed from wall safety certificate needPersimmon and Aviva to refund leaseholders after UK rent inquiry
Thousands of leaseholders will be refunded unfair ground rents and allowed to buy the freehold of their property at a discounted price after a crackdown…
View More Persimmon and Aviva to refund leaseholders after UK rent inquiryHomeowners near London Olympic park hit out at ‘unfair’ estate charge
Homeowners living on a development in east London say they are being forced to pay an “unjust and unfair” charge that provides them with no…
View More Homeowners near London Olympic park hit out at ‘unfair’ estate chargeTaylor Wimpey and Countryside told to remove ‘unacceptable’ leasehold terms
The competition watchdog has ordered the housebuilders Taylor Wimpey and Countryside Properties to remove terms in contracts that have made it impossible for some homeowners…
View More Taylor Wimpey and Countryside told to remove ‘unacceptable’ leasehold terms