The latest market insight from House Buyer Bureau has revealed how a short lease can slash the value of a property by almost £200,000, whilst also making it significantly harder to sell due to reduced mortgage availability and a shrinking pool of potential buyers.
House Buyer Bureau analysed current listings of properties held on a lease with fewer than 80 years remaining, comparing...
The Competition and Markets Authority (CMA) is investigating four of the UK’s biggest housebuilders after “troubling evidence” has been exposed over the way they have been selling leasehold agreements.
The investigation into Barratt Developments, Countryside Properties, Persimmon Homes and Taylor Wimpey came about due to complaints from buyers claiming they have become stuck in...
The appeal of freehold over a leasehold is obvious when it comes to price. Currently across England, the average sold price of freehold in the last year is £327,276; 73% more than a leasehold. In Wales, freehold premiums are 46% higher than leasehold house prices.
In London, the average price paid for a freehold in the last year is...
