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Leasehold News and Articles from Property Experts
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25/03/2024
Possible U-turn on abolition of ground rents

The Conservatives are under fire for potentially not delivering on their promise to eliminate ground rents, with reports indicating that Michael Gove is facing challenges in making changes to current leasehold law

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27/02/2024
Progression in Leasehold Reform Legislation

The latest updates on the Leasehold Reform Bill include rejected amendments to extend building safety protections, discussions on new rights for freehold estate owners, and a ground rent consultation that may lead to significant changes in provisions. Stay tuned for more details on the amendments and their practical implications

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03/12/2023
Leasehold and Freehold Bill 2024

The Leasehold and Freehold Reform Bill introduces several key changes that will impact leaseholders and landlords. These changes include extended leases, abolition of marriage value, disregarding onerous ground rents, and more. Find out what these changes mean for you.

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09/11/2023
King’s Speech on Leasehold Reform

The King’s Speech briefing notes revealed some details about the leasehold reform, addressing concerns of homeowners. This article provides an explanation and commentary on the notable components of the reform, including lease extension, transparency over service charges, and banning new leasehold houses. Explore the potential implications of these changes in the leasehold market.

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02/11/2023
Could major leasehold reforms be just beyond the horizon?

Insider predictions and insights into the proposed leasehold reform bill, including potential changes such as an overhaul to the lease extension process and giving more power to leaseholders. Discover how the bill aims to make it easier and cheaper for people to buy their homes outright and cap existing ground rents. Find out more about the government’s plans to abolish the leasehold system and potentially transition to a new Commonhold regime.

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29/09/2023
Building Safety Act exclusion on lease extensions soon to be remedied

The exclusion of lease extensions from the qualification section of the Building Safety Act 2022 is soon to be addressed through an amendment to the Levelling-up and Regeneration Bill 2023. This is good news for residents of high-rise buildings who were hesitant to extend their leases due to concerns about losing the protections provided by the Building Safety Act.

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08/09/2023
Do Shared-Ownership Leaseholders Qualify for a Lease Extension?

A recent court case has raised questions about whether shared-ownership leaseholders who have not staircased to 100% qualify for a lease extension. While traditionally it was assumed that they did not qualify, the court case suggests otherwise. This article explores the implications of the case and discusses the potential challenges and considerations for shared-ownership leaseholders seeking a lease extension.

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14/07/2023
Ain’t Nothin’ Goin’ on but the Rent

A residential long lease often includes a ground rent provision, which is an annual sum paid to the landlord. While these sums may seem insignificant, they can cause significant issues for leaseholders, such as doubling ground rents and the risk of losing possession due to unpaid ground rent. This article explores the impact of ground rents on leaseholders and offers potential solutions to mitigate these issues.

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24/05/2023
The Building Safety Act 2022: Implications for Lease Extensions?

The introduction of the Building Safety Act 2022 has brought about important protections for leaseholders against major works charges. However, there is uncertainty surrounding the impact of lease extensions on these protections. This article explores the implications of the Act on lease extensions and the growing pressure on the government to address this issue.

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25/01/2023
Supreme Court redefines “Appurtenant Parts” in Right to Manage claim

The Right to Manage legislation has been successful in enabling leaseholders to take over the management of their building. However, challenges arise when different blocks share the usage of common areas called appurtenant parts. A recent Supreme Court case clarified that the Right to Manage is only concerned with exclusive appurtenant parts, leaving potential issues of defining exclusivity and access to non-exclusive property. This ruling may lead to further litigation and has implications for Collective Enfranchisement.

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