leasehold flats
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Rental market
Lenders reject flats as service charges breach 1% ‘red line’
SPF Private Clients' Mark Harris warns that if service charges breach 1% of a property’s value, a lender "may decide not to lend".
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Housing Market
Record price gap between flats and houses
Zoopla says houses are now worth 1.7 times flats, making it the largest difference in 30 years.
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Housing Market
Flats are falling out of favour
First-time buyers are opting for larger homes rather than flats, according to David Fell, Lead Analyst at Hamptons.
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Regulation & Law
Leasehold homes will be “harder to sell’, warns lawyer
Existing leaseholders could be left trapped and worse off, says Caroline Wild of law firm Forsters.
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