If you bought a new-build home from Taylor Wimpey and believe you are amongst those affected, the developer will cover the cost of converting the lease terms and has also agreed to pay towards your legal costs.
If you have a ground rent issue with another housing developer, speak to us and we can advise you how to sort out your lease, so that you will save money in the long term.
Many homeowners who wish to move are currently in limbo as they are effectively unable to sell their homes due to unattractive ground rent costs.
If you have been affected it is important to act now before you put your property up for sale as it can take several months to complete the legal process of changing the terms of the leasehold agreement.
If your case is against Taylor Wimpey, it is even more important to act quickly as the developer has voluntarily set aside a fixed amount to compensate buyers – so take action before the funds run out! To find out more, please contact us.