The Law Society welcomes government consultation on changes to the law governing leasehold properties.
A government consultation on changes to the law governing leasehold properties is a very welcome opportunity to address public concerns, the Law Society of England and Wales said today.
The consultation seeks views on addressing leasehold practices such as disproportionate fees and rapidly rising ground rents.
’While leasehold is a well-established part of English property law, some recent practices which have developed around it are nothing short of exploitative,’ said Law Society president Joe Egan.
’These often complex and unfair terms can cause huge problems for home buyers.