'A changed world': What effect will leasehold reform have on landlords, leaseholders & tenants?
As the Government moves forward with plans to overhaul the established leasehold system, Property Vision's Charlie Ellingworth & Philip Harvey explore what leasehold reform will mean for landlords, leaseholders and tenants. "For residential landlords of both long and short leases this is a changed world," they say, "— and it’s not going back any time soon"
Charlie Ellingworth started acquisition firm Property Vision over thirty years ago. He is on the board of the Cadogan Estate and a trustee there, as well as a director of other smaller property companies. He writes novels, plays and regular articles for the FT and other magazines.
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The Government has announced some major reforms to the English leasehold system, in a bid to "fundamentally make home ownership fairer and more secure."
Significant leasehold reform proposals promise ‘to transform the future of home ownership in England & Wales’
Commonhold should be the "preferred alternative" to leasehold, says the Law Commission in a series of three important reports that outline how to create "a better deal for leaseholders and make our homes…
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On Leasehold Reform: A brief history and next steps
Reforming the leasehold system has been moving rapidly up the government’s agenda, and whilst welcomed by the domestic leasehold owners and tenants, the vast range of proposals are causing some concern…
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