Real Estate Talking Points: Residential leasehold reform: the first wave breaks in a swelling tide of residential leasehold reform proposals
In our latest talking points article, Siobhan Burton and Melissa Akbulut provide a brief summary of the legislation that has now been introduced to implement earlier proposals for residential leasehold reform – in short, it bans ground rents from being anything more than one peppercorn in residential long leases which are entered into on or after 30 June 2022 (subject to certain exceptions) – and it may be that a further wave of residential leasehold reform is to be expected…