Ten Things You Need to Know Today: Tuesday 25 Jul 2017

1. New-build leaseholds to be banned

The government is to prohibit developers from selling newly-built houses as leasehold, after complaints of onerous charges and conditions. Flats can still be sold as leasehold but ground rent must be restricted to minimal 'peppercorn' values or zero. At the moment, some leases include ground rent doubling every year.

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