Details
Wednesday, 18 November 2015

The recent Competition and Markets Authority study of the residential leasehold sector gave rise to several recommendations, which were supported by the Government. These included the publication of an information sheet for prospective leaseholders, to help educate buyers about the nature of leasehold and the rights and obligations of leaseholders. Estate agents selling a leasehold property are obliged to provide the information to prospective purchasers.

ARMA was one of the stakeholder organisations involved in the production of the information and we do receive frequent queries about it. We have now uploaded the one-page information sheet 'Things to know before you buy a flat' onto the publically available Leasehold Library section of the ARMA website, so please do recommend it to prospective purchasers where appropriate. The sheet contains a link to a two-page document 'Thinking of buying a flat', which goes into more detail on the distinction between freehold and leasehold properties.

To download the one-page, CLICK HERE

For the two-page sheet either click on the link in the one-page document, CLICK HERE

distributed by