The sale of leaseholds on houses could be the next mis-selling scandal, the professional body for estate agents has warned, as thousands of homeowners stuck with properties they cannot sell face increasing ground rent payments.
Nearly half, 45%, of people who bought a leasehold house in the past decade did not know that they were only getting the lease until too late and 94% regret buying, according to a report by NAEA Propertymark.
The sale of leaseholds on new-builds has become a growing political issue and led to calls to reform the contracts.
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