New strata laws that come into force today will make it easier for apartment owners to update or redevelop ageing unit blocks. Previously, a strata scheme can only be terminated if 100 per cent of owners agree, but from today, a vote of 75 per cent will allow the collective owners to either sell the property or redevelop it themselves. Lannock Strata Finance CEO Paul Morton, whose company is a leader in strata loans, says the reforms represent a golden … Read More