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Property law update for England & Wales and Scotland: leasehold reform, service charges, Building Safety Act decision, TA6, Charities Act 2022 changes, SDLT decisions, LBTT changes, Scottish Housing Bill

Published on: 28 March 2024

Published by a LexisNexis Property expert
Legal News
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Article summary

In this issue:

  • Key developments and horizon scanning
  • Residential property
  • Property management
  • Property development
  • Transferring property
  • Property taxes
  • Property in Scotland
  • Additional property updates this week
  • Daily and weekly news alerts
  • Trackers
  • New Q&As

Key developments and horizon scanning

Law Society responds to Leasehold and Freehold Reform Bill amendments

The Law Society has signalled its backing for newly tabled changes to the Leasehold and Freehold Reform Bill (which had its second reading on 27 March 2024—see the Trackers section below). The revisions would curb the sale of new leasehold houses and ensure every new home in England and Wales is freehold from day one, save in exceptional cases. Nonetheless, Law Society President, Nick Emmerson, noted that, without current moves to advance commonhold tenure, the Society supports the Law Commission’s 2011 recommendations to modernise freehold law, enabling houses on managed estates to be sold as freehold with greater ease, and he urged government to write these measures into the Bill. Emmerson also drew attention to delays in the ground rent consultation outcome, pressing ministers to publish their proposals swiftly. He further voiced concerns about retrospective provisions intended to cap ground...

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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