Housing Minister Under Attack After Blaming Leasehold Buyers For Their Own Plight

Housing minister Heather Wheeler is under fire after apparently blaming home buyers for lumbering themselves with their own leasehold ‘nightmares’. Wheeler apparently refused to accept that thousands of leasehold owners are trapped in homes they cannot sell because of escalating costs. Wheeler is in trouble after telling MPs that buyers were too “excited” and too “caught up in the moment” to read the small print before they bought leasehold homes. Dismissing claims of mis-selling, she said new legislation would trigger a “horrendously expensive” wave of compensation claims. Instead, she called on developers to voluntarily give buyers better terms. Read more on the Property Industry Eye website.

https://www.propertyindustryeye.com/housing-minister-under-attack-after-blaming-leasehold-buyers-for-their-own-plight/