Almost all leaseholders regret their purchase – NAEA Propertymark – Mortgage Solutions

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"Almost all of the homeowners we surveyed (93%) say they wouldn’t advise their friends or family to buy a leasehold home, which is a damning indictment on the industry – it’s time we listened to this and sought a robust solution for all those affected, unable to sell their homes, and serving a leasehold life sentence," he said.

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In a wide-ranging speech to the Chartered Institute of Housing conference in Manchester, the Rt Hon James Brokenshire MP confirmed plans to abolish the selling of new houses in England as leasehold and reduce ground rents for new leases to zero – putting cash back into the pockets of future homeowners.

Majority of leaseholders now regret it – and thousands believe they were mis-sold over ridiculous maintenance costs. Some faced bills of 527 for changing their blinds and 411 for installing a.

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The vast majority of home owners who bought a leasehold house now regret it, many feel they were mis-sold and some are struggling to sell up, a report has found. NAEA (National Association of Estate Agents) Propertymark surveyed more than 1,000 people who had bought a leasehold house in the past decade.

More than half of homeowners who bought a leasehold house in the past 10 years did not realise that they were only buying a lease, new research has found. NAEA Propertymark surveyed more than 1,000 people who had bought a leasehold house and found that 94 per cent now regret their decision and 62 per cent [.]

The National Association of Estate Agents has led the support for stricter new guidelines on transparency for referral fees.. almost all buyers regret their purchase.. It was interesting to see the report on Estate Agent Today about the meeting between london estate agents, NAEA, and HMRC..

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