Leasehold reforms set to be walked back after investor lobbying UK Politics Plans to cap ground rents on leasehold properties are set to be walked back after lobbying from pension funds and investors, according to reports.
Leasehold and rental reforms slated as ‘contentious’ and ‘destabilising’ UK Politics The government has come under fire for its flagship housing reforms, with developments to new laws on leasehold reform and rental rights branded “contentious” and “destabilising”.
King’s Speech: What to expect from the State Opening of Parliament? UK Politics King Charles will make his first King’s Speech in Parliament on Tuesday as he outlines the government’s legislative agenda for the next year.
Government to ‘announce plans to phase out leasehold’ in King’s Speech October 29, 2023 All new houses across England and Wales will have to be sold as freeholds, as part of a Leasehold Bill led by Michael Gove, and expected to be announced in the King's Speech, according to the Sunday Times.
Leaseholders to gain new rights under FCA insurance reforms April 21, 2023 The Financial Conduct Authority (FCA) has proposed insurance reforms to protect leaseholders from paying extortionate sums for insurance. Under the new plans, leaseholders will be defined as “customers of buildings insurance” and insurance firms will be obliged to act in the leaseholders’ best interests. A leaseholder is someone who has bought the right to live [...]