Is there any real justification for “Leasehold”?

(10th April 2017)

It has today been commented upon, in the news, that nearly 50% of new properties sold in the UK are sold with Leasehold (rather than Freehold) title. These Leasehold property owners can find themselves in a position where the ground rent and service charges are increasing year upon year.

There is a strong argument as to whether it is at all necessary for a new house to be a sold with Leasehold title.

This has been highlighted in today’s news and therefore will hopefully open the door for further debate in this area.