Help To Buy Leaseholders Can Now Sell Homes At ‘Cladding Affected’ Value

Leaseholders who used the Help to Buy programme to purchase their homes in blocks affected by cladding will now be allowed to sell their properties at reduced prices after the organisation in charge of the programme reversed its policy. Homes England has shifted its advice to those carrying out valuations, stating that surveyors should now take into account the impact that dangerous cladding will have on the value of the property before a leaseholder sells or redeems the loan on their home. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/help-to-buy-leaseholders-can-now-sell-homes-at-cladding-affected-value-says-homes-england-72058?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60