The Association of Leasehold Enfranchisement Practitioners (ALEP) has welcomes the CMA’s enforcement action against four of the UK’s house builders over their mis-selling of leasehold properties.
As well as mis-selling of properties, the Competition and Markets Authority (CMA) will also investigate evidence surrounding potentially Performanceunfair terms concerning ground rent.
Mark Chick, Director of ALEP, said:
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The situation is such that every development should have a lease – commonholders, champion paid for by the landlord etc