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Flat owners promised new rights on leases

Language: English Series: Daily Telegraph ; 5 March 1992, 4 | Times ; 5 March 1992, 3(1)Publication details: 1992Subject(s): Summary: The Government is proposing new legislation, if the Conservative Party is returned after the general election, which would give flat owners the right to extend their leases. Other plans include allowing leaseholders in blocks the flats to acquire the freehold at market value where two thirds of leaseholders vote in favour of purchase.

The Government is proposing new legislation, if the Conservative Party is returned after the general election, which would give flat owners the right to extend their leases. Other plans include allowing leaseholders in blocks the flats to acquire the freehold at market value where two thirds of leaseholders vote in favour of purchase.