Leasehold: Sales

(asked on 14th July 2016) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty’s Government whether they will review the costs charged by a landlord to the purchaser of a leasehold property of providing (1) the notice of assignment or charge, (2) the certificate of compliance, (3) the deed of covenant, and (4) the stock transfer.


This question was answered on 28th July 2016

At Budget 2016 the Government announced its plan to publish a call for evidence looking at the process of buying a home including the process of purchasing a leasehold property. The Government will assess the evidence received to determine what changes to the homebuying process can make the greatest impact including the transactional costs incurred by leaseholders.

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