As the focus on leasehold arrangements continues to gather pace, it will be interesting to see how today's announcement that people buying new-build houses in England will no longer be obliged to enter leasehold agreements will play out in practice.
News that the Law Commission has included a project on Residential Leasehold & Commonhold, & Unfair Lease Terms, within its forthcoming 13th Programme of Law Reform is also positive.
People buying new-build houses in England will no longer be obliged to enter leasehold agreements, the government has announced. Anyone buying a flat - or a house - on a lease of longer than 21 years will also not have to pay any ground rent. Critics described the new measures as "incredibly weak".