First-time buyers facing £8,000 ground rents stuffed by plc housebuilders

First-time buyers are contacting LKP after finding that they cannot sell leasehold houses or flats which have draconian ground rents introduced by plc housebuilders. An epidemic of leasehold houses is now being built across the country, with a heavy concentration in poorer regions, such as the North West. LKP reported earlier this week that £1.9 … Continue reading First-time buyers facing £8,000 ground rents stuffed by plc housebuilders