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.
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Spiralling rental costs have made living with parents the only option for
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