By Dermot McKibbin
On 11 July there was a debate in the Commons on the Government’s response to the House of Commons Select Committee critical report on the leasehold tenure.
The Government claims to be bringing forward reforms to:
- Ban the granting of new leases on houses other than in exceptional circumstances.
- Restricting ground rents on newly established leases to zero.
- Working with the Law Commission to look at ways to reinvigorate commonhold and improving the process for buying a freehold or extending a lease, or exercising The Right to Manage.
- By reviewing charges faced by both leaseholders and freeholders and professionalising and regulating property agents.
- By clamping down on unjustified legal costs for leaseholders, ensuring all landlord freeholders belong to a redress scheme and giving freeholders on private estates equivalent rights to leaseholders to challenge communal costs.
- By persuading developers to sign up a to public pledge to…
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