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Government action on leaseholds welcomed.

HANNAH Blythyn, Labour AM for Delyn, has welcomed the latest move by the Welsh Government to take action on the concerns around leasehold sales on new build homes.

The Welsh Government has secured an agreement from a number of major housebuilders, including Taylor Wimpey, Bellway, Barratts, Redrow and Persimmon, to ensure leasehold contracts will only be offered if absolutely necessary.

Ms Blythyn AM said: "This is an issue constituents have raised concerns about with me and the latest announcement from the Welsh Government to limit the use of leasehold contracts is good news for those across our communities who own, or are looking to buy a home.

"This is yet another positive step by the Welsh Government as part of the wider support package to help people onto the housing ladder, as well easing the financial strain on those wishing to move home."

Housing and Regeneration Minister Rebecca Evans said: "I am delighted that major home builders such as Taylor Wimpey, Bellway, Barratts, Redrow and Persimmon will no longer offer houses for sale on a leasehold basis, unless absolutely necessary.

"I look forward to other developers making the same commitment.

"We have acted swiftly to take targeted and tangible action over concerns about leasehold sales on new-build homes and, where leasehold is already the tenure, I am setting up a new group to recommend reforms to the system.

"I intend to put in place a voluntary Code of Practice to underpin these measures, improve standards and to promote best practice."

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Publication:Chester Chronicle (Chester, England)
Date:Mar 15, 2018
Words:250
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