New leasehold information rules a big victory for consumers

The endorsement by ministers of proposals to give consumers significantly more information early in the home buying process was today given a partial welcome by the Law Society of England and Wales. “It is encouraging to see government has recognised just how much easier it will be for consumers to make informed decisions if full … Continue reading New leasehold information rules a big victory for consumers

Extend right to manage to all leaseholders, says Law Society

Moves to make it easier for leaseholders to take control of their freeholds through Right to Manage have been broadly welcomed by the Law Society of England and Wales, in response to the Law Commission consultation today. The government asked the Law Commission to review right to manage ('RTM') legislation to make it simpler, quicker and more accessible for … Continue reading Extend right to manage to all leaseholders, says Law Society

Time to reform rules around leasehold charges

The unforeseen charges faced by some purchasers of leasehold properties could be addressed if developers and estate agents complied with consumer protection regulations by giving information up front, the Law Society of England and Wales said yesterday. “Under consumer protection regulations* key sales information is supposed to be set out at the start of the … Continue reading Time to reform rules around leasehold charges