The Guardian: London is the wild west of the global property market – and it needs a sheriff

The Government has announced some major reforms to the English leasehold system, in a bid to "fundamentally make home ownership fairer and more secure."

Last week, the government proposed a major reform of leasehold laws, with new rules possibly arriving within two years.

Gianluigi Torzi is being held on suspicion of extortion, embezzlement, aggravated fraud and money laundering, in relation to the multi-million pound acquisition of 60 Sloane Avenue.