Do you welcome the UK housing minister's promise to abolish the centuries-old leasehold system in England & Wales before the end of this parliament, and the government's plans for an outright ban on new leasehold developments?
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Yes, but still no info about existing retirement flats. Others can renew leases to 999 years with peppercorn ground rent and standard formula for price of new lease.
I already bought my flat. Now I have to buy it again, for more than I paid for it the first time. Leasehold needs to be completely abolished. How can you sell a property to someone and still own it?
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