MP Justin Madders has paid tribute to hardworking leasehold campaigners – including Ellesmere Port resident Katie Kendrick – after it was announced that property reforms will allow leases on homes to be extended by almost 1,000 years. Billed as some of the biggest reforms to English property law for 40 years, they could save leaseholders “tens of thousands of pounds”, according to the Government. The proposals, announced by Housing Secretary Robert Jenrick today, will give leaseholders the right to extend their lease by 990 years, meaning millions of people will no longer have to pay any ground rent to the freeholder, removing added expense from owning a home.
‘Using the solicitor recommended by our developer has left me with a worthless home’
Homeowners are unable to expand their families because they are stuck in contracts that they didn t understand when they purchased
13 December 2020 • 5:00am
‘Our five-year-old son sleeps in our room. His friends ask him, where is your bedroom?’ says one homeowner who is trapped by his lease
Legal advice from solicitors recommended by developers is at the heart of the leasehold scandal, trapped homeowners have warned.
Many of those affected by problems such as doubling ground rents and expiring leases were encouraged to use certain property lawyers.