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The Great Property Trap?

Leasehold houses sold by large developers causing concern

The BBC has reported recently on unwitting purchasers of new build Leasehold Houses.

According to the BBC News article major developers Bellway Homes and Taylor Wimpey (amongst others) have been selling some of their new build houses on 150 leases, with the purchasers having been poorly advised in respect of the same until after completion of the sale.

Most worrying is the fact that the individuals in question do no seem to have been advised by their conveyancing solicitor prior to purchase of the nature of the title in the property that they are paying for.

To avoid nasty surprises in the conveyancing process, contact our excellent conveyancing team to discuss your upcoming sale of purchase and we will be happy to guide you through each step of the way.

If you have already bought a leasehold house and are unsure what your rights are or what steps you can or should take, contact us for free no obligation advice and to explore your rights under the Leasehold Reform Act 1967.




 

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