The solicitor’s advice is a critical part of this. If the solicitor does not tell the first purchaser that this is a penal clause, what advice would they give to a prospective buyer six years later, who would be facing a doubling of the ground rent in four years’ time? It seems to me that the advice ought to be the same, but I bet it would not be.
Leasehold and Commonhold Reform
Proceeding contribution from
Peter Bottomley
(Conservative)
in the House of Commons on Tuesday, 20 December 2016.
It occurred during Backbench debate on Leasehold and Commonhold Reform.
Type
Proceeding contribution
Reference
618 c1344 
Session
2016-17
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2020-03-10 15:34:18 +0000
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