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If you own a flat in England or Wales, chances are you do so under a leasehold contract, which is by definition grossly one-sided.
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Indeed, leasehold is practically unheard of anywhere else in the world, and overseas buyers are often confused by it and deterred from buying by leasehold.
Housing associations sell around 9,500 affordable homes each year, many on leasehold contracts.
As developers focus on building high-rise apartment blocks in urban areas, the number of householders caught in leasehold contracts is increasing every year.
Major housebuilders such as Taylor Wimpey and Persimmon may be forced to spend millions compensating home buyers locked into unfair leasehold contracts, following a warning by housing minister Gavin Barwell.
But the picture changed earlier this century, when developers started to insert clauses into leasehold contracts where the ground rent was set at £200-£400 a year, doubling every ten years.
These included its use of leasehold contracts, the quality of its buildings and its leadership.
This will include explaining the content of the lease and contract terms". The Solicitor Regulations Authority said it had only received "a handful of complaints" since concerns about leasehold contracts were raised with the UK government about 14 months ago.
The deal is treated as a leasehold, and contracts skewed in favour of the company are deemed risky by banks and building societies.
Curiously for someone wholly trusted by the Thatcherite right, he sat as a crossbencher, a position that enabled him in 1993 to condemn John Major's "totally deplorable" leasehold reform because it "violated the sacredness of contract" with landlords.
"I studied law at university and am interested in contracts, so I was shocked to finally be told that it was leasehold when I was already emotionally invested in the property and had booked my moving-in van!" Another reader wrote to us about their experience of buying, and their legal position regarding acquiring the freehold.
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