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legislation

Conveyancing

Government bans house builders from selling newbuilds with ‘feudal’ leasehold

House builders are to be banned from selling newbuild properties on a leasehold basis, except in certain circumstances. The government is to introduce legislation to outlaw the practice, which Communities Secretary Sajid Javid described as “feudal”. In leasehold, the home owner doesn’t own the land on which the property stands. …

By Best Value Conveyancing, 9 years ago
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