King’s Speech draws mixed response from property sector
Propertymark, the professional body for property agents, broadly welcomed the leasehold proposals while urging swift implementation. "We welcome the UK government's continued focus on leasehold reform as we support action to address longstanding issues within the leasehold system, including excessive ground rents, unfair charges and greater transparency for consumers," said Timothy Douglas (pictured right), head of policy and campaigns at Propertymark. "We now need to see these reforms progress at pace, with clear timelines and delivery, to provide certainty and confidence for consumers and the wider housing sector. "We acknowledge the...