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Pleased to see that Rob has the first comment on this one :-)

I had the Gov.uk website open most of yesterday and was periodically refreshing the page to see when eagerly awaited Consultation would be issued. I've just finished reading it and it doesn't quite do everything that it was hyped up to...

Considering that the third paragraph of the Ministerial Foreward has a glaringly obvious mistake in saying that "some people have been trapped by the small print in contracts which were never explained properly" when surely they must mean Leases I've got to confess that my hopes at what the Consultation would set out were diminished. Apart from an off hand type reference to other types of ownership commonhold isn't mentioned, the closing of the loophole relating to Ground 8, Schedule 2 of the Housing Act 1988 isn't mentioned and apart from saying that the ban of Leasehold Houses would catch subsequent sales there isn't much mention of what's going to be done about those who have bought houses on a Leasehold basis - admittedly there may be some overlap with this and Law Commission's current work but surely any reforms must redress the issues that current Leasehold house owners are facing...

As to this article it would be interesting to know how F S Legal have acquired their Clients and how the list of 500 firms that are being targeted has been compiled. As with any action of this type the number of people putting claims in will most likely rise... And as someone has already commented what is going to constitute an instance when ground rents weren't explained properly.... what's being done to account for people who just didn't read the Legal Report or those who may only recently be putting themselves in the category of someone who wasn't informed properly.... me, cynical? Never!

Having made the move nearly 3 years ago across to acting for Developers from normal residential conveyancing I'm not waiting with bated breath for one of these letters to arrive the post.... I am however waiting to see what happens with this action and what implications it has....