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
The government has confirmed it will bring forward emergency legislation to protect residential tenants from eviction. Following the Budget which announced mortgage “holidays” for those who own their homes, the government has...more