Selling a Property

The Government has announced proposals to cut ground rents to help homeowners in leasehold properties. Housing Secretary Michael Gove has launched a consultation that will set out options including capping ground rents at a so called “peppercorn” rate for existing leaseholders, freezing ground rents at current levels and capping the ground rents at a percentage

UK house prices have risen slightly on a monthly basis, but the overall trend is still downwards, according to the latest figures from the Land Registry. The annual percentage change for average UK house prices was 3.5% in the 12 months to April 2023, compared with 4.1% in the 12 months to March 2023. The

A new insurance scheme has been developed to enable people living in high-rise buildings to sell their homes in the wake of the Grenfell Tower fire tragedy. Following the fire in 2017, mortgage lenders became reluctant to lend to buyers of flats in high-rise buildings, and sales dropped rapidly.  To provide assurance, a building industry