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 Communities Secretary James Brokenshire announced “bold action”, as soon as parliamentary time allows, to empower tenants and tackle perceived inequality in
Tag Archives: ban on leasehold houses
What’s ahead in 2019?
New real estate disputes partner Paul Tonkin shares some predictions for 2019. Crystal-ball gazing is always a dangerous business and this is more so than ever in the current global economic and political climate. However, there are a few areas where I can predict with some certainty (and for better or worse) that we will
Government to ban leasehold houses and set ground rents at zero
Following the consultation in summer 2017 on ground rents and leasehold houses (read our blog here) the government has published its response (read it in full here) with the following headline proposals: A ban on granting new residential long leases of houses, other than in exceptional circumstances This currently only affects new leases, but the government will consult on