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A conveyancing trade body is stepping up efforts to highlight concerns over leasehold properties with fresh guidance for consumers.
The Conveyancing Association, which has long called for leasehold legislation to be reformed, has designed a guide to administration fees for prospective leaseholders, property owners and those looking to sell.
More than four million homes in England are leasehold, as were nearly half of all new build registrations in England and Wales last year.
Support for leasehold reform gathered momentum in December last year, when housing and planning Minister Gavin Barwell told MPs that he was keen to explore how the government can work with interested parties to improve leaseholders’ experience of home ownership.
Head of the Conveyancing Team, Clare Hallett, says “Leasehold reform is one of eight ‘work streams’ that the association has identified as part of a strategic plan published in March. The list also includes e-home reports, enhanced ID verification and a secure property portal.”
Our Conveyancing Team, based in Christchurch, also cover Bournemouth, Poole and the New Forest. If you have any questions, you only have to ask us at Frettens. Please call 01202 499255 and Clare or his team, will be happy to chat about your situation and you particular requirements.
