Home / Renters Reform and Leasehold Reform highlighted in King’s speech
17th July 2024
Duncan McGregor, Head of Residential Property
It was no surprise to see in amongst the raft of bills and draft bills announced by the King both a Renters’ Reform Bill and draft Leasehold and Commonhold Reform Bill, both of which constitute unfinished business from the last parliament. The Renters’ Reform Bill, which originally promised to end so-called “no fault evictions”, was abandoned when the general election was called. The new government is committed to its own version, and will include provisions to:
The Leasehold and Freehold Reform Act 2024 was passed by the last government but the new government has decided this did not go far enough. The draft Leasehold and Commonhold Reform Bill will curb ground rent for existing leaseholders and ban forfeiture over small unpaid debts.
As always the devil will be in the detail, and we look forward to the publication of the draft legislation.
Contact our residential property team on 0161 838 7874