We have been wondering when the next phase of leasehold reform will be coming …. Well now we have some news. In a carefully worded letter from the Minister Lord Greenhalgh addressed to me in my ALEP capacity, he states that Government intends to press ahead with the plans previously announced to ban marriage value and to ‘simplify’ the basis …
The Leasehold Reform (Ground Rent) Act 2022
The 2022 Act comes into force on 30th June 2022 and bans ground rent for most types of new leases – So, what will this mean in practice? Is the Act in force yet? The Leasehold Reform (Ground Rent) Act 2022 received Royal Assent on 8th February 2022 and will come into force on 30th June 2022. There is a …