Ashtons for property & homes for sale or to rent in Hertfordshire
Story posted: 27.07.17
It has been announced this week that proposals are in place to ban the sale of new leasehold houses which oblige the owner of the lease to pay ground rent to a freeholder, after concerns some buyers are facing, ‘sharply increasing costs for years afterwards.’
In Britain apartments are mainly sold as leasehold whilst houses are generally sold as freehold. However, thousands of houses are now being sold on leasehold, which the government has criticised, seeing this as a partial attempt for developers to boost their profits.
Communities Manager, Sajid Javid has commented, “Enough is enough. These practices are unjust, unnecessary and need to stop. Our proposed changes will help make sure leasehold works in the best interests of home-buyers now and in the future.”
Prime Minister Theresa May’s plans are to be introduced to better regulate the property market in England, where currently higher prices and charges such as letting fees have left many younger people unable to afford to buy a home.
“The government launched a consultation on Tuesday into its plans, which include proposals to restrict ground rents to as low as zero and a change to equity loans provided under a government Help to Buy scheme to support new build homes “on acceptable terms.”
According to government data, “30% of the 4 million residential leasehold properties in England in 2014/15 were houses.
Everyone was fantastic, really pleasant to deal with and very helpful. Thank you so much.
Hi guys, As a fellow director of an Independent Estate agency in Devon I wanted to say that it has been a pleasure to deal...
Louise was a fantastic progressor and made sure I was informed at all times.
Ashtons were friendly, patient and reassuring, always ready to explain anything I didn't understand.
Having moved many times during 50 years, Ashtons' staff are the best...
John - Extremely helpful in the initial sale and buying process. Great communication and willingness to make things happen.
Graham - During the sale process, Graham...
Everyone we dealt with was great and Verity in particular went above and beyond when we were having issues with our purchase. She was supportive...
Really good experience when buying with Ashtons (Louise & Robert).
Everything went very smoothly.
Lucy and Matt were lovely, polite, friendly and professional.
All staff were very professional, friendly and attentive at all times ad made the process of appointments and viewings seamless. They were extremely proactive with...
C S Donald
Professional and helpful
From start to finish, everyone in the office were very helpful and put our minds at rest. A big thank you to all.
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