by peter littlewood | May 22, 2023 | Leasehold
Ministers have been urged to “get a move on” with changes to the leasehold system in England and Wales. Housing Secretary Michael Gove had previously promised to scrap the system which has seen some homeowners face large maintenance bills and legal fees....
by peter littlewood | May 22, 2023 | Tax & Other Financial
MortgageSolutions are reporting that ‘The leasehold system is a ‘mess’ that leaves homeowners paying ‘through the nose’ according to brokers, though opinions are divided on whether it should be scrapped entirely or adapted.’ Going on to say ‘The government has...
by peter littlewood | May 21, 2023 | Industry News
Prospect Magazine has published an article stating 'Property ownership—or rather, the impossibility of property ownership—is usually discussed in this country as though it’s perhaps the only remaining source of generation solidarity for millennials. It’s a nice idea'...
by peter littlewood | May 21, 2023 | Industry News
Landlord Licensing & Defence has warned about the problem on agents who do not keep abreast of the law. Compliance expert Phil Turtle says: “We have lots of experience in dealing with agents who simply do not know the law when it comes to licensing a landlord’s...
by peter littlewood | May 21, 2023 | Industry News
Martin Lewis' MoneySavingExpert.com website has explained how renters can get their deposit and some extra back if their landlord hasn't followed rental rules. He explains how, according to the law, the tenants deposit must be placed in a registered scheme within 30...