The Housing, Communities and Local Government Committee has published a report into Leasehold Reform which calls for wide ranging reforms to tackle abuse of the leasehold system.
The UK's leasehold system has left a number of householders in unsellable and unmortgageable homes and changes are needed, a committee of MPs says.
"I just want to own my own home."
Ashleigh Wilson, who's 27, thought she'd achieved that dream when she bought a place in Knowsley, Liverpool, four years ago.
The Conservative Party has been adept at using housing policy to speak to voters’ aspirations for a better life, prompting a “virtuous cycle” which has led it to semi-permanent governance. From Harold Macmillan’s 300,000 new homes a year, to Margaret Thatcher’s right to buy, the world’s most successful political party has understood that owning a home makes families strong and people prouder. Property is earned. It gives people something to work towards and provides a sense of security when achieved.
The Mayor of London has launched a new guide to help leaseholders and called on Ministers to speed up an overhaul of the system of leasehold for home buyers in the capital.
The Law Commission is proposing changes that would make it quicker and easier for leaseholders in England and Wales to take control of the day to day management of their building.
As a government consultation continues, it’s a crucial and costly issue facing the owners of flats and houses
Expansion of the commonhold system of home ownership as an alternative to leasehold tenancies has been urged by the government's law reform adviser.
Homeowners stuck in the leasehold trap are furious that Government is yet to help them after it committed to capping ground rents on new leaseholds at just £10.
National Leasehold Campaign says proposals to help homeowners buy or extend leases do not go far enough
House builder Taylor Wimpey was one of the developers that hit homeowners with sky high fees and escalating ground rents when they bought new houses
Charles McCadden was taken to court after having a new bathroom, kitchen and central heating system installed without permission
FTSE 100 housebuilder Taylor Wimpey has stoked further controversy over complex leasing arrangements for homes, after a would-be buyer was rejected for a mortgage at its high profile development at London’s former Olympic Park.
Leasehold simply means long tenancy and it is unique to England and Wales. When you buy a leasehold property, you own it for a fixed period of time: ownership of the property returns to the landlord when a lease comes to an end.
Law Commission draws up options enabling leaseholders to extend or buy more cheaply
Tribunal rules that leaseholders in Croydon block are responsible for making building safe
Retirement home builder McCarthy & Stone has cut back on land buying as it braces for a potential hit from government plans to ban new leasehold homes in England.
Anonymous buyer picks up right to collect soaring ground rents on Blythe Court flats from freeholder MPs called ‘crook’
Persimmon has upped the number of homes it is selling freehold in a sign it is bowing to Government pressure over the sale of leasehold properties.
Campaigners have failed in a long-running legal battle to slash leasehold costs after the court of appeal ruled in favour of a major London freeholder.
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