Skip to content

Clarke & Son Blog​

The new property trap affecting thousands

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

Feel free to share:


Contact Details

If you have any questions or would like to enquire about one of our services, please fill in the enquiry form below and one of the team will get back to you.