How to avoid costly leasehold traps when buying a home before new rules – and ways to fight back against unfair fees

Enfranchisement specialist Katherine Simpson spoke to The Sun’s Money team recently in an article covering the current leasehold legislation, the pitfalls for homeowners and the Government’s proposed reforms to the system.

Millions of homeowners will get greater control of their properties under changes to the leasehold system.

Housing Secretary Michael Gove put long-awaited reforms before Parliament this week, making it easier and cheaper to extend leases or buy freeholds.

But until the plans become law – which could take months – buyers and current leaseholders should remain on their guard…

…“In a happy marriage of leaseholders, the incentives for buying a share of the freehold are compelling,” says Katherine Simpson, property partner at law firm Edwin Coe…

You can read the full article on the Sun’s website.