MP Welcomes New Legislation to Reform ‘Unfair and Archaic’ Leasehold System

MP welcomes new legislation to reform ‘unfair and archaic’ leasehold system

NEW draft legislation aiming to reform the current ‘unfair and archaic’ leasehold system has been welcomed by a Warrington MP.

Draft Commonhold and Leasehold Reform Bill published – ground rents to be capped - THP Solicitors

The draft reforms in the Leasehold and Commonhold Reform Bill have finally been published. There is good news for leaseholders, especially regarding ground rents. The draft Bill, which is over 350 pages long, can be viewed here. Here’s our quick summary of some of the main points for owners of leasehold properties. Ground rents capped at £250 a year Ground rents were abolished for most new residential leasehold properties in England and Wales in…

Government publishes draft bill on leasehold reform

Property industry offers cautious welcome to long-awaited reforms, while warning delivery, timing and detail will be critical.

Draft commonhold and leasehold bill published - campaigners remain sceptical

Draft commonhold and leasehold bill published - campaigners remain sceptical: The government has published its long-awaited draft bill on commonhold and leasehold in what it says is a “game-changing shake up” of the leasehold system.

Government finally completes its draft leasehold reform bill - BuyAssociation Group

The Ministry of Housing, Communities & Local Government  has just released the Draft Commonhold and Leasehold Reform Bill, which outlines its proposed changes to residential tenure in England and Wales, in what is the most significant package of leasehold reform for a generation. The draft legislation sets out plans for prohibiting the use of leasehold for most new flats, revises the rules governing converting a property to commonhold, extends g…

Leasehold Reform News: Draft Leasehold and Commonhold Reform Bill announced

Leasehold Reform News: Draft Leasehold and Commonhold Reform Bill announced Now, this is fairly ‘Big News’ in the residential sector. After months of waiting, the day has finally arrived with the Government introducing the draft Leasehold and Commonhold Reform Bill to Parliament. While many leaseholders will be overjoyed and relieved, the Housing, Communities and Local […] The post Leasehold Reform News: Draft Leasehold and Commonhold Reform Bil…