header-logo header-logo

All change in residential leasehold?

18 October 2018 / Mark Chick
Issue: 7813 / Categories: Features , Property
printer mail-detail

Are we moving towards significant reforms in enfranchisement? Mark Chick examines the key points from the Law Commission’s recent consultation paper

The Law Commission’s consultation paper on proposed reforms to enfranchisement legislation, published on 20 September, runs to 564 pages and asks for views on 135 questions relating to the proposed changes, some of which are quite radical. A copy of the consultation, Leasehold home ownership: buying your freehold or extending your lease , which closes on 20 November 2018 can be found here.

The proposed reforms, some of which are outlined below, make sweeping changes to the whole process of enfranchisement and also propose radical reform to the basis of valuation aiming ‘reduce the price’ paid on enfranchisement. There are also suggestions of a fixed or no-costs regime for landlords, and so the proposed changes are therefore in essence political as they seek to reverse the emphasis between landlords and tenants.

The most sweeping suggestion from a technical point of view is the suggestion that there should be a single scheme of

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

Gilson Gray—Jeremy Davy

Gilson Gray—Jeremy Davy

Partner appointed as head of residential conveyancing for England

DR Solicitors—Paul Edels

DR Solicitors—Paul Edels

Specialist firm enhances corporate healthcare practice with partner appointment

NEWS
The proposed £11bn redress scheme following the Supreme Court’s motor finance rulings is analysed in this week’s NLJ by Fred Philpott of Gough Square Chambers
In this week's issue, Stephen Gold, NLJ columnist and former district judge, surveys another eclectic fortnight in procedure. With humour and humanity, he reminds readers that beneath the procedural dust, the law still changes lives
Generative AI isn’t the villain of the courtroom—it’s the misunderstanding of it that’s dangerous, argues Dr Alan Ma of Birmingham City University and the Birmingham Law Society in this week's NLJ
James Naylor of Naylor Solicitors dissects the government’s plan to outlaw upward-only rent review (UORR) clauses in new commercial leases under Schedule 31 of the English Devolution and Community Empowerment Bill, in this week's NLJ. The reform, he explains, marks a seismic shift in landlord-tenant power dynamics: rents will no longer rise inexorably, and tenants gain statutory caps and procedural rights
Writing in NLJ this week, James Harrison and Jenna Coad of Penningtons Manches Cooper chart the Privy Council’s demolition of the long-standing ‘shareholder rule’ in Jardine Strategic v Oasis Investments
back-to-top-scroll