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Day: 15 October 2018

Government reforms to leasehold are pathetic and flawed

Today’s government crackdown on ground rents is a damp squib: it proposes setting them to £10, but only … after yet another consultation!

Government announces crackdown on leaseholds for new-build houses (PIE)

Almost all new-build houses will in future have to be sold as freehold, and ground rents will be capped at just £10 a year.

The next PPI scandal? Help to Buy home owners ‘overpaying’ for their properties (PIE)

First-time buyers are paying an 8% premium on Help to Buy properties compared with other new-builds.

Innovative use of technology could revolutionise the land registration and property buy-sell process (LSG)

There is broad consensus that the home-buying and selling process in England and Wales could be simpler and faster. Cheaper? The jury’s out.

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