Leaseholds: Ground zero

Brabners LLP | May 2022 #397
Are doubling ground rents legally fair? Jessica Parry, Edward Blakeney and James Fieldsend consider the evidence The individual tenant’s right to enfranchise a house under the LRA 1967 or claim a new lease under LRHUDA 1993 means leaseholders can effectively buy themselves out of a ground rent doubling clause. In the court of public opinion, …

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Building, fire safety and leasehold reform: With management comes responsibility

Charles Russell Speechlys LLP | March 2022 #395
Oliver Park argues that the government’s drive to abolish leasehold is difficult to reconcile with the growing regulation of the sector, in particular in relation to building and fire safety The process is typically driven forward by a few individuals, and participants often agree to join without properly thinking through whether they or any of …

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Queen’s Speech: Ground rent reform

Winckworth Sherwood | June 2021 #388
The government’s proposal around leasehold ground rent reform has now taken shape following the Queen’s Speech. Mark Vinall, James Duncan and Ruth Barnes examine the proposals Developers (and freehold investors) will need to examine the dates on which their buyers’ contract to buy units off-plan, as compared to the commencement date of the Bill. In …

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