William Eichler 21 December 2017

Government bans leaseholds for new builds

Sajid Javid has announced a ban on leaseholds for almost all new build houses as part of an effort to stamp out ‘unfair and abusive’ practices within the leasehold system.

The communities secretary said the Government would legislate to prevent the sale of new build leasehold houses except where necessary, such as in cases of shared ownership.

Mr Javid also said ground rents on new long leases – for both houses and flats – will be set to zero.

Alongside these measures, Mr Javid said the Government would work with the Law Commission to support existing leaseholders and make the process of purchasing a freehold or extending a lease much easier, faster and cheaper.

‘It’s unacceptable for home buyers to be exploited through unnecessary leaseholds, unjustifiable charges and onerous ground rent terms,’ said Mr Javid.

‘It’s clear from the overwhelming response from the public that real action is needed to end these feudal practices.

‘That’s why the measures this government is now putting in place will help create a system that actually works for consumers.’

SIGN UP
For your free daily news bulletin
Highways jobs

HR Onboarding Officer (CDC)

City Of Doncaster Council
Grade 7, £27,259 - £29,955 (Pay award pending)
You have an opportunity to be part of a busy Human Resources team which offers HR support across the Council. Doncaster, South Yorkshire
Recuriter: City Of Doncaster Council

Purchase to Pay Administrator (Fixed Term) - WMF2122e

Westmorland and Furness Council
£25,584 - £25,992
We are looking for an Administrator to join our Purchase to Pay and Accounts Receivables team Cumbria / Various
Recuriter: Westmorland and Furness Council

Social Worker - WMF2123e

Westmorland and Furness Council
£41,511 - £42,708
We’re looking for passionate social workers to join our team in Kendal following a recent reshape of our services. Kendal, Cumbria
Recuriter: Westmorland and Furness Council

Environmental Health Officer

Wyre Borough Council
£38,626 - £41,511
We are looking to appoint a full time Environmental Health Officer within the Environmental Protection and Community Safety Department. Poulton-Le-Fylde, Lancashire
Recuriter: Wyre Borough Council

Trainee Graduate Accountant

Wyre Borough Council
£25,992 - £37,938
Are you looking to kickstart your career in Finance? Poulton-Le-Fylde, Lancashire
Recuriter: Wyre Borough Council
Linkedin Banner