Leasehold Issues

LEASEHOLD PROPERTY MANAGEMENT: ALL YOU NEED TO KNOW

According to Land Registry data, the number of properties sold under a leasehold agreement soared last year. This increase happened despite a government ban on leaseholds for almost all new-build houses.

Leasehold flats still dominate – in fact, leasehold is by far the most common form of flat ownership, with only 2.13% of flats sold in 2017 were freehold.

The leasehold system seems here to stay, so what will the increasing numbers of leaseholders actually own and what are their rights?

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2 thoughts on “Leasehold Issues

    • MQRA MQRA says:

      I totally agree with you. It only applies in England and Wales which basically speaks volumes in that the government is probably afraid of upsetting some very powerful people. It was abolished in Scotland and Ireland some time ago. We can keep trying but I don’t think it likely that a change will occur in our lifetime.

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