Solicitors and developers caught up in the leasehold
ground rent scandal may be forced to pay out as much as half a billion pounds,
it is claimed. In recent years some of Britain’s largest housebuilders sold
leasehold homes, where owners were locked into contracts which obliged them to
pay rapidly increasing ground rents to freeholders. Investors – including
pension funds or other specialist firms – purchased the freehold on the houses,
attracted by this guaranteed rising income. Read more on the Daily Telegraph
website.
Government U-turns on support for bird-friendly swift bricks in new homes
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Steve Reed previously said he was in favour of requiring one hollow brick
for cavity-nesting creatures in every new-build
The government is refusing to s...
21 hours ago
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