Believer in the need for LEASEHOLD REFORM, Legal Trainer and Author for 18+ years, specialising in CONVEYANCING, with a main focus on FLAT AND APARTMENT LEASES
The cladding bill for leaseholders: £10bn-£50bn
The cladding tax: £200m per year over 10yrs
Persimmon made £783.8m in pretax profits last year. Barratt Homes £812.2m, Berkeley £518.1m, Taylor Wimpey £264.4m, Bellway £236.7m, Vistry £98.7m
Outrageous!
https://t.co/vQAi2FGop3
@RobertJenrick@Keir_Starmer A claim repeated here. As a Solicitor myself (albeit non-practising) this is simply unacceptable.
https://t.co/ydvaZiTRQr
@ArchRose90
@RuthySmithy10 The new government has pledged to address the issue of existing ground rents, without being specific about their preferred reform option.
The moment that confirmed the Leasehold and Freehold Reform Act 2024 will become law. Whatever its shortcomings, this legislation is one of the most important Acts in the history of property law. And I would also like to thank the leasehold campaigners that made this possible.
The most moving moment of the HL debate on the Leasehold and Freehold Reform Bill. Baroness Fox pays tribute to heroic leasehold campaigners, without whom none of these reforms would have happened.
@jazztensax Conveyancing is a high risk area of practice and made more so by the BSA fiasco. I have run CPD courses for the past 20 years and so know many property lawyers. They will not be queuing up to take an unfamiliar complex tenure (and I have read the Law Com report on Commonhold).
@CommonsLUHC @HomeOwnersAll @OpenPropData @RICSnews@PropertymarkUK@CAtradebody As I understand things, not a single practising residential Conveyancer has been called to give evidence. And they are the professionals who have a crucial role in the Conveyancing process. This inquiry is deeply flawed.
Leasehold Reform: Lease Extensions and Building Safety Act — Hot off the Press
MPs have just agreed (without a vote) an amendment to the Levelling Up and Regeneration Bill, so that “a connected replacement lease” is now a “qualifying lease”.
These amendments are to be treated as having come into force on 28 June 2022. For further details, see amendments (a) to (d) which replaced the Lords Amendments 242, 243 and 288.
A CRL includes a surrender and regrant where the new demise consists of (i) some or all of the “already let” property, together with other property, or (ii) some, but not all, of the already let property (but no other property) (a “property reduction”).
🏡#Leaseholds are a complex and high-risk area of practice...
📲Please scan the QR code in the image below or click on the link to book your place: https://t.co/QFcGrwhwPy
#conveyancing#conveyancers
While noting @mtpennycook's criticisms of the govt,
I wonder: will Labour commit to removing the distinction between leaseholders who have many protections and others with practically none, so ALL leaseholders are shielded from the costs of historical building safety defects?
👏@mtpennycook 🙏
“@GOVUK … made the political choice to only give some LH protection …leaving some exposed to bills that will … lead to financial ruin …. & material impact on the progress of buildings where such NQ are large in number.
I urge the SOS to reconsider”
⚖️@luhc