News & Analysis as of

Leaseholds Regulatory Reform

K&L Gates LLP

Interim Statement on ‘54 Act Reform

K&L Gates LLP on

Summary - The Law Commission has issued an interim statement on the reform of the Landlord and Tenant Act 1954 (the Act). Its initial consultation addressed the “contracting-out” model, types of tenancy and duration of...more

Mayer Brown

Commonhold – Is It Really Around the Corner?

Mayer Brown on

BACKGROUND - The advent of commonhold has been much trumpeted. The government has just published a new white paper, The proposed new commonhold model for homeownership in England and Wales....more

Hogan Lovells

Leasehold reform in the UK: The end of residential ground rents is now imminent

Hogan Lovells on

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

Hogan Lovells

UK government legislates to make residential ground rents a thing of the past

Hogan Lovells on

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

Hogan Lovells

Residential property reform by UK government: Goodbye to ground rents

Hogan Lovells on

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

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