The Law Society has responded to the Department of Communities and Local Government consultation on tackling unfair practices in the leasehold market.
Conveyancers are generally upbeat, though pressure on fees, demanding clients and cyber fraud all present urgent challenges.
A 13-year-old property ownership system branded by critics as a ‘failed tenure’ could be the answer to eliminating leasehold abuse, a trade body has suggested.
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Civil Justice Council supports steps to increase the protection of homebuyers and help existing leaseholders.
As public concern mounts, leasehold must evolve if it is to survive.