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RSS FeedsRadical plans to end huge costs of buying a freehold unveiled
(The Guardian Money News)

 
 

19 july 2018 08:08:23

 
Radical plans to end huge costs of buying a freehold unveiled
(The Guardian Money News)
 


Law Commission draws up options enabling leaseholders to extend or buy more cheaply Millions of homeowners caught in the so-called `leasehold trap` may be able to buy their freeholds at a fraction of the price currently demanded by ground rent companies, under radical proposals from the Law Commission.One proposal is for a simple formula where leaseholders will pay just 10 times their current ground rent to convert their property from leasehold to freehold. Continue reading...


 
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