Leasehold reform
Cadogan warns of ‘material impact’ of leasehold reforms on resi business
Chelsea landlord/developer says new legislation 'will result in a financial loss to Cadogan and will fetter our ability to manage and invest with confidence in the Estate.'
Ground rent cap timeline brought forward
The £250 cap is now expected to come into play in late 2027, a year sooner than previously planned.
Housing Minister explains the government’s latest ‘vision for ending the feudal leasehold system’
'Abolishing leasehold outright is a glib soundbite rather than a serious policy proposition,' warns Matthew Pennycook.
On Leasehold Reform: What the big shake-up could mean for prime property investors
Following publication of the draft Commonhold and Leasehold Reform Bill earlier this year, lawyers Kate Stockdale & Michael Ellis assess the likely impact on ground rents, ownership structures and investor…
Watch: MPs quiz Angela Rayner & Michael Gove on Leasehold Reform Bill
We've summarised 18 key points from yesterday's Housing Committee session on the Government’s Draft Commonhold & Leasehold Reform Bill.
Ground rents to be capped at £250 as leasehold reform gathers pace
Government publishes draft Commonhold & Leasehold Reform Bill, continuing a march to reform the 'feudal' leasehold regime.
Major landowners challenge leasehold reform in the High Court
Freeholders including Prime Central London giants Grosvenor & the Cadogan Estate are arguing against big changes to the leasehold regime.
Government looks to ‘switch on’ leasehold reform measures
Amongst other things, the latest consultation sets out a plan for more transparency over service fees, and mandatory regulation for managing agents.
Government heralds ‘beginning of the end for the feudal leasehold system’
New leasehold flats are to be banned, with commonhold promoted as the 'default tenure'.
Average service charge bills jumped 11% last year
Service charges have outpaced inflation to become many leaseholders' biggest household bill after the mortgage, says Hamptons.
Leasehold overhaul edges closer as Minister signs-off first step
Matthew Pennycook has signed regulations to 'remove the two-year ownership rule for leaseholders of flats to extend their lease, and leaseholders of houses to extend their lease or buy their freehold.
Leasehold reform legislation coming ‘within this year’ says Housing Secretary
Angela Rayner renews pledge to bring forward leasehold reforms and promote commonhold tenure.