Leasehold

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Leasehold and commonhold reform

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...

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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 third-largest housing affiliation liable for 104,000 houses, issued a report in June that highlighted severe points in how Peabody […]

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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 extending a lease or buying the freehold. Abolish marriage value. Cap the […]

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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 the protections. This includes all properties and not just those requiring […]

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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 of their property does not meet expectations, inflicting […]

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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 of Commons Library briefing, published on 20 January […]

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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 deadline of early March to agree a fully funded plan of […]

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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, between 11 and 18 metres tall. He also announce additional funds and a proposal to claw […]

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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 debate on 29 November 2021. The Public Bill Committee reported […]

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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.

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This category can only be viewed by members. To view this category, sign up by purchasing iHowz Dual Membership - 1 Year, iHowz 5 Year Membership, iHowz Single Membership - 1 Year or iHowz Corporate Membership - 1 Year.

Leasehold and commonhold reform

The House of Commons Library has issued a bew report on leasehold and commonhold reform. The report can be seen here,...

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