In response to the consultation on tackling unfair practices in the leasehold market, the Department for Communities and Local Government sets out new measures, including a ban on leaseholds for almost all new build houses. Changes will also be made so that ground rents on new long leases – for both houses and flats – are set to zero and it will be made cheaper and easier for existing leaseholders to buy-out their freehold.
For more information see ‘Tackling unfair practices in the leasehold market‘ from the Department for Communities and Local Government.