Leasehold contracts for homeowners may be banned in Wales. Photograph: Together they are responsible for about 80% of new homes built in Wales. Regeneration Minister Rebecca Evans said she was considering an outright ban on leasehold contracts, which critics said forced homeowners to face rising ground rents. The only leaseholds will be for homes on land owned by organisations like the National Trust, and for flats. A complete ban on leasehold contracts for most new homes in England has been promised by the UK government.
Leasehold contracts for homeowners may be banned in Wales. Photograph: Regeneration Minister Rebecca Evans said she was considering an outright ban on leasehold contracts, which critics said forced homeowners to face rising ground rents. The only leaseholds will be for homes on land owned by organisations like the National Trust, and for flats. A complete ban on leasehold contracts for most new homes in England has been promised by the UK government.