Almost all leaseholders regret their purchase – NAEA Propertymark – Mortgage Solutions

Almost a third of all buyers could have purchased a property they wanted without the scheme.. We will use your data for the purposes of sending you newsletters from Mortgage Solutions and any other relevant information from Mortgage Solutions such as events, research, feedback, and surveys.

New research shows that almost two-thirds of buyers of leasehold houses feel they were mis-sold their homes – almost entirely by developers’ sales staff who are not bound by the Estate Agents Act, the NAEA has claimed. A poll of 1,103 home owners who bought a leasehold new-build house over the.

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An overwhelming majority (93 per cent) say they definitely wouldn’t buy another leasehold property, because of their experiences. NAEA Propertymark Chief Executive, Mark Hayward said: "Most consumers are completely unaware that buying a new build directly through a developer leaves them vulnerable and without protection, whereas buying.

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As deputy chair of the All party parliamentary group on Leasehold Reform, Madders welcomed the consultation on ending unfair leasehold practices, but stated there was little to suggest government planned to address the ongoing situation of leaseholders, many of whom feel trapped in their homes.

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The National Association of Estate Agents has led the support for stricter new guidelines on transparency for referral fees.. almost all buyers regret their purchase.. It was interesting to see the report on estate agent today about the meeting between London estate agents, NAEA, and HMRC..

Almost nine in 10 (86%) properties sold for less than the asking price in March, the highest level seen since records began in 2013, NAEA Propertymark’s housing report found. This is an increase of 12% from February when 74% of sellers accepted offers below their original asking price.