Leasehold Reform moves a step closer as government makes major announcement

leasehold-reform-moves-a-step-closer-as-government-makes-major-announcement

Matthew Pennycook The government has announced that it will switch on a key part of the Leasehold and Freehold Reform Act next week. Housing minister Matthew Pennycook yesterday signed regulations to remove the two-year ownership rule for leaseholders of flats and houses to extend their lease or buy their freehold. The change will offer leaseholders … Read more

Renters Rights Bill concerns highlighted by accreditation service in letter

renters-rights-bill-concerns-highlighted-by-accreditation-service-in-letter

Isobel Thomson The chief executive of safeagent, Isobel Thomson, is the latest high-profile property professional to voice concerns about the Renters Rights Bill. In an open letter letter to housing minister Matthew Pennycook, Thompson highlights two clauses in the bill in its existing form that would in her opinion adversely impact less well-off prospective tenants … Read more

Landlord ordered to pay more than £23k or face potential prison sentence

landlord-ordered-to-pay-more-than-23k-or-face-potential-prison-sentence

A landlord who built an outbuilding without planning consent has been ordered to pay in excess of £23,000, following a successful prosecution by Swale Borough Council. Haig Squire built a red brick and block detached outbuilding at a property in Augustine Road, Minster. But he did not seek permission to erect the structure, which was … Read more

Competition watchdog warned of ‘unfair’ and ‘damaging’ Material Information rules

competition-watchdog-warned-of-‘unfair’-and-‘damaging’-material-information-rules

The Competition and Markets Authority (CMA) launched an important consultation on several important areas concerning ‘Unfair Commercial Practices (UCPs) last month. The Consultation finished yesterday. The Consultation material states that UCPs can include “immovable property”.  So the UCP provisions apply to the practices of ‘traders’ concerned with the sale or lease of land to consumers. … Read more