UK government clamps down on onerous lease terms & leasehold houses

External view of the Houses of Parliament

In 2017, the ground rent scandal exploded across UK media. It exposed the onerous clauses that developers had inserted into leasehold contracts, in some cases doubling the ground rent leasehold homeowners had to pay every 5 years, effectively making their homes unsaleable. When buying a leasehold home, the owner will often learn that the terms […]