The House of Commons Library has issued a bew report on leasehold and commonhold reform. The report can be seen here, and in summary (from press release): Leasehold tenure has grown The Department for Levelling Up, Housing and Communities (DLUHC) estimates there are...
Leasehold
Independent panel finds Peabody Trust overcharged leaseholders
The Peabody Trust has been closely criticised for overcharging leaseholders by an unbiased panel of residents tasked with scrutinising the UK housing affiliation’s interactions with tenants and householders. The Resident Scrutiny Panel for Peabody, the UK’s...
Leasehold reform in England and Wales: What’s happening and when?
The House of Commons Library has just published a report on Leasehold reform in England and Wales: What’s happening and when? It can be seen here, and states Future legislation will: Reform the process of enfranchisement valuation used to calculate the cost of...
Many landlords still excluded from new Building Safety Law
The Building Safety Bill has become law - and while it does offer help to leaseholder landlords with one or two investment properties, those with larger portfolios remain excluded.Under the new legislation, owners of up to three properties in the UK will qualify for...
End of lease repairs: What landlords need to know
Property Reporter are running a useful article on the subject of lease repairs, stating 'The subject of repairs between landlords and tenants is a complex one, with key factors to consider on both sides. At the end of a tenant’s lease, the landlord may find the care...
Leasehold Reform (Ground Rent) Act 2022
On 8 February 2022 the Leasehold Reform (Ground Rent) Bill received Royal Assent. The Act restricts ground rents on newly created long leases of houses and flats to an annual rent of one peppercorn (a token of no financial value). For the Act, click here. For a House...
Cladding and fire risk in flats
On 10 January 2022 the Secretary of State for Levelling Up, Housing and Communities, Michael Gove, wrote to the residential property developer industry and warned developers that they must pay to fix the cladding crisis that they caused. Mr Gove has giving them a...
More Help For Leaseholders
Housing Minister; Michael Gove has conducted a series of news interviews, announcing more help for leaseholders affected by the cladding crisis AND the wider fire safety issues. Companies “have until March” to shoulder their responsibilities for medium rise buildings,...
Leasehold Reform (Ground Rent) Bill
This Government Bill would make provision about the rent payable under long leases of dwellings. The Bill completed its House of Lords stages on 14 September 2021 and was presented to the House of Commons on 15 September 2021. The Bill received its second reading...
Freehold houses: estate charges
The House of Commons Library has published a paper covering requirements on freeholders to pay for the upkeep of an estate’s communal areas and facilities, known as ‘fleecehold’, and setting out the Government’s proposed reforms. For the paper, click here.
YOU MAY ALSO LIKE
Leaseholder protections: deed of certificate – frequently asked questions
The Government has jus published a list of FAQ's which outlines details and frequently asked questions regarding the...
The Need for Ground Rents Reform
A survey of members of ALEP (Association of Leasehold Enfranchisement Practitioners) reveals that 80% agree that...
Leasehold Charity briefing on the Leasehold and Freehold Reform Bill
The Leaseholder Charity has published their parliamentary briefing on the Leasehold and Freehold Reform Bill. It can...