PARLIAMENTARY WRITTEN QUESTION
Leasehold: Misrepresentation (8 April 2019)

The Government has asked the Competition and Markets Authority (CMA) to investigate whether there has been mis-selling of leasehold properties. We also welcome the recent report by the Housing, Communities and Local Government Committee into leasehold reform, which highlights the reasons why leaseholders feel they have been mis-sold their home, and recommends that the CMA should investigate mis-selling in the leasehold sector. We look forward to the CMA’s response in due course.

The Government has also encouraged the Solicitors Regulation Authority to use its powers to investigate any firms for which there is evidence of misconduct.