Skip to main content

Written question asked by Baroness Hayter of Kentish Town (Labour) on Thursday, 14 July 2016, in the House of Lords. It was due for an answer on Thursday, 28 July 2016. It was answered by Lord Bourne of Aberystwyth (Conservative) on Thursday, 28 July 2016 on behalf of the Department for Communities and Local Government.


Leasehold: Sales

Question

To ask Her Majesty’s Government whether they will review the costs charged by a landlord to the purchaser of a leasehold property of providing (1) the notice of assignment or charge, (2) the certificate of compliance, (3) the deed of covenant, and (4) the stock transfer.

Answer

At Budget 2016 the Government announced its plan to publish a call for evidence looking at the process of buying a home including the process of purchasing a leasehold property. The Government will assess the evidence received to determine what changes to the homebuying process can make the greatest impact including the transactional costs incurred by leaseholders.


Secondary information

Type
Written question
Reference
HL1232
Session
2016-17
Subjects
Fees and charges Leasehold Landlords Sales
Link
View this Written question on www.parliament.uk