Friday, 4 May 2018

Number Of Leasehold New-Build Houses Soars Ahead Of Government Ban


The number of houses sold under leasehold agreements soared last year ahead of a Government crackdown on unfair ground rent increases. An analysis of Land Registry data by the Office for National Statistics has shown that 15.6pc of new build houses, which excludes flats and maisonettes, were sold as leaseholds in 2017. This is a significantly higher number compared with five years ago when 9.4pc of new build houses - excluding those sold under discount schemes such as Right to Buy - were sold as leaseholds. Read more on the Daily Telegraph website.

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