Which? response as CMA finds evidence of serious issues in leasehold selling

Gareth Shaw, Head of Money at Which?, said:

“When Which? investigated the leasehold sector we found families facing onerous clauses from developers, bad advice from lawyers and spiralling ground rents that effectively rendered their homes unsellable. In the worst cases, some were even ordered to pay extortionate retrospective permission fees under threat of losing their home.

“It’s good to see the regulator taking strong action against those companies flouting the law. We look forward to seeing the government push on with its reforms to protect homeowners and ensure that these unfair practices are banished to the past.”