Millions of leaseholders to benefit from Law Commission reforms - Eddie Mair - LBC - 21/7/20

Claer Barrett from the Financial Times speaks to Eddie Mair about the publication of the Law Commission reforms which will benefit millions of leaseholders.

The Law Commission today publishes three reports proposing reforms to the leasehold system and its complete replacement with a revived commonhold tenure, on the statute book since 2002 but ignored by the commercial interests in the sector.

Coupled with the Government’s commitment to set new ground rents to zero and to ban leasehold houses – awaited for three years now – the proposals demonstrate in compelling detail why the leasehold system needs reform and how it could be done.

It is a blueprint for a government to reform this entire sector, if it so chooses.

Read the full story here:
https://www.leaseholdknowledge.com/law-commission-reports-offer-blueprint-to-demolish-monetising-landlordism-in-residential-leasehold/

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