The full report can be seen here, and in summary says: The Leasehold and Freehold Reform Bill 2023-24, introduced to the House of Commons on 27 November 2023, aims to make long-term changes to improve homeownership for leaseholders and freeholders in England and...
Leasehold
Pressure grows for ban on new leasehold flats
There is a growing calls for the government to ban new leasehold flats in England and Wales. Here are the key points: Leasehold Reforms: The government has faced calls to ban new leasehold flats, following its decision to include a ban on the sale of new leasehold...
Leasehold and Freehold Reform Bill starts its journey
The Leasehold and Freehold Reform Bill has had its first reading in the Commons, hailed by housing secretary Michael Gove as a “landmark moment for millions”. Adding 'People work hard to own a home. But for far too long too many have been denied the full benefits of...
Housing Minister sacked because of an inopportune Tweet
Rachael Maclean was Housing Minister for 9 months before being suddenly sacked by the Prime Minister to be replaced by Lee Rowley who became the 7th housing minister since 2020 and the 16th over the last 13 years. Apparently, Ms Maclean was guilty of Tweeting about...
Will the proposed leasehold reforms boost property prices?
Michael Gove, the Secretary of State, has been proposing reforms to what he has called an unfair and “outdated feudal system that needs to go”. His original plan was blocked by Number 10, but was in the Kings Speech, promising to give leaseholders the right to extend...
Plan to make all new houses freehold properties
Last January, The Times reported that Michael Gove, the levelling-up secretary, intended to abolish the leasehold system, describing it as an unfair and “outdated feudal system that needs to go”. The Times is now reporting that, after a row with number 10, Gove has...
The cost of a waking watch on leasehold properties not recoverable
The Upper Tribunal considered whether the cost of a waking watch should be payable by leaseholders, where they were incurred as a result of the landlord's failure to carry out necessary fire risk assessments. (Radcliffe Investment Properties Ltd v Meeson [2023] UKUT...
Leasehold To Be Abolished In 100 Days?
Labour stated that they intend abolish leaseholds within 100 days of achieving power. The Conservatives had considered this, but it was reported that this idea had been dropped - see report. The problem is that it is complicated. It is a good idea for existing...
Labour plans to end ‘feudal’ leasehold system
The Labour Party has vowed to abolish leasehold in the first 100 days of government if it wins the next General Election. Housing secretary Michael Gove previously promised to introduce legislation to “fundamentally reform” the leasehold system, which he had...
Leasehold and commonhold reform
The House of Commons Library has published a paper considering trends in leasehold ownership, ongoing problems associated with the sector, and Government plans for future legislation. For the paper, click here.
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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...
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...