Simon Pook, Head of Residential Property
– When buying a new home, it is very important to understand the terms of the purchase. In this article, the purchaser bought a brand new home on leasehold, expecting to be able to buy the freehold to the property at a nominal price in a couple of years. Unfortunately it didn’t work out in her favour and as the Law stands, there was very little she could do about it. When buying a property Leasehold, make sure your solicitor furnishes you with all the information about the terms of the lease and your right to buy.
When putting pen to paper to buy a new home, most people expect to know how much they will need to pay to own it outright. But thousands of families in England and Wales are discovering the new-build houses they bought are not all they seemed.
Read more: http://bbc.in/2ktiZFz
If you have a query or would like to book an appointment please get in touch with our First Contact team on 01256 320555 or email mail@clarkeandson.co.uk
