‘Builders must pay to fix rip-off leaseholds’

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The scale of the problems faced by leaseholders, from rip-off ground rents, to punitive fees to onerous. Jo had her life turned upside down after finding out the ‘ground rent’ she must pay each.

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Builders must pay to fix rip-off leaseholds’ Chris Blythe: time to fix the leasehold rip-off | Home. – Chris Blythe: time to fix the leasehold rip-off.. At the heart of the issue is the relatively recent practice of shorter leaseholds with increases in ground rent included in the contract not properly explained or hidden.

NEIGHBOURS on a new build Tyneside estate say they had to fight to stop their leaseholds being sold onto a company in London. The government will also go ahead with a ban on leaseholds on new-build houses and will force developers to cut controversial ground rents to zero for all new apartments and houses.

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Housing developers cannot be trusted to fix the leasehold scandal that has. In a deal with the Government, the UK’s biggest builders last week agreed to help victims struggling with rip-off leases..

A authorities housing scheme has been used to fund 1000’s of purchases of ‘rip off‘ leasehold properties, it was revealed at present. Greater than 17,000 homes have been purchased beneath the controversial phrases utilizing Assist to Purchase since 2013.

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New-build leasehold houses and rip-off ground rents to be banned. Government sets about overhauling ‘unacceptable’ system. 21 Dec 2017. Share on Facebook Share on Twitter Share by email. 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.