Leasehold and Freehold Reform Act Q&As By Mark Chick Director of ALEP (Association of Leasehold Enfranchisement Practitioners) What is in the Leasehold and Freehold Reform Act 2024? Essentially, all of the much talked about changes are there including the...
Leasehold
House of Commons releases report on Freehold estate management
The House of Commons report can be seen here explaining that Freehold estate charges refer to fees that homeowners in private or mixed-tenure estates must pay for the maintenance of shared areas and facilities, such as roads and open spaces, which are not managed by...
Summary: Building Safety Act 2022
Legal Protections and Obligations Leaseholder Protections: The Building Safety Act 2022 offers legal protections for leaseholders against historical building safety costs, covering all costs related to unsafe cladding systems and providing robust protections against...
Leasehold and Freehold Reform Bill becomes law
The Leasehold and Freehold Reform Bill, the last legislation passed before Parliament adjourned ahead of the General Election on July 4, represents a partial victory for leaseholders. The bill introduces greater transparency regarding charges and bans the sale of new...
Tory MPs are threatening to rebel against the government’s leasehold reform bill.
The debate over leasehold reform within the Conservative Party underscores the complexity of addressing longstanding issues within the housing market. Here are the key points highlighted in the article: Calls for Scrapping Leasehold System: Backbench Tory MPs,...
Ground Rents to be capped at £250
The government is reportedly planning to introduce a cap of £250 per year on ground rents for leaseholders, as part of a compromise between Michael Gove's proposals for leasehold reform and the concerns raised by the Treasury. Instead of completely abolishing ground...
Reminder to check fire doors
Fire doors play a crucial role in preventing the spread of fire and smoke within buildings. The Fire Safety Act 2021 clarified the importance of flat entrance doors in fire risk assessments mandated by the Fire Safety Order. The Fire Safety (England) Regulations 2022...
Law Society urge the government to bring forward their proposals
The Law Society of England and Wales has welcomed the ban on the sale of new leasehold homes but is urging for no further delay in announcing ground rent reforms. The Leasehold and Freehold Reform Bill, which had its second reading in the House of Lords, includes...
Leasehold reform: government undecided on ‘peppercorn’ ground rent
The Law Society Gazette is reporting on the government's pledge to slash ground rents for leaseholders has been met with uncertainty, as reports suggest resistance from both the Treasury and Downing Street. The proposed measure to cap ground rents at a 'peppercorn'...
Watchdog says that ground rents not legally or commercially necessary
The Competition and Markets Authority (CMA) says government may have to step in to protect leaseholders, as thousands in England and Wales remain trapped in contracts Government Consultation and Potential Caps: The government, led by Housing Secretary Michael Gove, is...
YOU MAY ALSO LIKE
Leasehold and Freehold Reform Act Q&As
Leasehold and Freehold Reform Act Q&As By Mark Chick Director of ALEP (Association of Leasehold Enfranchisement...
House of Commons releases report on Freehold estate management
The House of Commons report can be seen here explaining that Freehold estate charges refer to fees that homeowners in...
Summary: Building Safety Act 2022
Legal Protections and Obligations Leaseholder Protections: The Building Safety Act 2022 offers legal protections for...