Flats depreciating and ‘complex’ conveyancing rising amid leasehold worries, analysis suggests
An analysis of HM Land Registry data suggests leasehold flats and maisonettes are the only UK property type showing negative price growth, while freehold houses and other house types continue to rise. The article links this divergence to leasehold reform delays, Building Safety Act compliance issues, ground rent terms, service charges, cladding liabilities and tighter lending criteria, which are making flat transactions more difficult.
