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Tuesday, June 11, 2019

Watchdog investigates 'leasehold trap' for UK homebuyers

Competition and Markets Authority to look at mis-selling and potentially unfair contracts

UK homeowners at risk of falling into the so-called “leasehold trap” could benefit from a new official investigation into potential misleading practices and unfair terms.

The Competition and Markets Authority (CMA) said its inquiry into the leasehold market – the latest in a line of investigations – would look at whether consumers were being treated fairly.

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from Property | The Guardian http://bit.ly/2ZheBtR
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