The Upper Tribunal (Lands Chamber) (“UT”) has considered how termination and renewal provisions in the 2017 Electronic Communications Code (the “Code”) can operate when a site provider has granted a concurrent lease to a...more
The abolition of ground rents in residential leases in England and Wales is to come into force from 30 June 2022 under the new Leasehold Reform (Ground Rent) Act 2022....more
On 8 February 2022, the Leasehold Reform (Ground Rent) Act 2022 received Royal Assent, effectively outlawing ground rents in residential leases in England and Wales once the legislation comes into force....more
2/11/2022
/ Housing Market ,
Landlords ,
Leaseholds ,
Legislative Agendas ,
Real Estate Development ,
Regulatory Agenda ,
Regulatory Reform ,
Rent ,
Residential Leases ,
Tenants ,
UK
In the first part of a long-heralded suite of reforms to leasehold property law in England & Wales, the UK government has introduced a draft Bill which is intended to consign to history ground rents under leases of flats and...more
6/3/2021
/ Housing Market ,
Investors ,
Landlords ,
Leaseholds ,
Legislative Agendas ,
Real Estate Development ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
Rent ,
Residential Leases ,
Tenants ,
UK
In the first working week of the New Year, Housing Secretary Robert Jenrick announced major reforms to the way that houses and flats are owned in England and Wales. The changes could affect more than 4 million leaseholders...more
Just like buses and government slogans, it seems that Law Commission reports on the future of residential property in England and Wales come in threes. Following separate, lengthy consultations, the Law Commission has this...more
Last week saw a volley of government announcements for the private rented sector and investors in leasehold residential property. At the Chartered Institute of Housing Conference on 27 June, Prime Minister Theresa May and...more
7/2/2019
/ Housing Market ,
Investors ,
Landlords ,
Leaseholds ,
Penalties ,
Real Estate Development ,
Regulatory Requirements ,
Rent ,
Residential Leases ,
Tenants ,
UK
What does enfranchisement actually mean and what’s wrong with the current regime? Enfranchisement is the process by which people who own property on a long lease may extend the lease, or buy the freehold. ...more