Rob looks at the disappointment surrounding the UK government's decision to not include the leasehold ban in its new housing reform law. He stresses the importance of doing thorough research and having a reliable solicitor when purchasing a property, especially when it comes to leasehold houses and the potential issues with service charges and ground rents, and also touches on the political dynamics and speculate about the future of leasehold reforms under a Labour government.
KEY TAKEAWAYS
BEST MOMENTS
"Surprise, surprise, the government have decided to not include the leasehold ban in its new housing reform law."
"Labour saying that the bill's been watered down and doesn't match what was promised by government."
"Mr Gove has branded leaseholds unfair and outdated. He's previously said he wants to scrap them entirely."
"We shouldn't be surprised by this whatsoever. It is what it is. This is the way the system is."
VALUABLE RESOURCES
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US