1/8 #QueensSpeech '21 is a mixed bag in terms of #EndOurCladdingScandal and for #leaseholdreform
As promised, the government has announced a bill to ban new ground rents. Commitments were made during the #FireSafetyBill debates last month to also look at forfeiture.
As promised, the government has announced a bill to ban new ground rents. Commitments were made during the #FireSafetyBill debates last month to also look at forfeiture.
2/8 Implementing the rest of the Law Commission's recent reports on #leaseholdreform is expected to wait until later.
The balance of the package outlined important reforms on cheaper lease extension, easier Right To Manage and improving commonhold.
We need all these reforms.
The balance of the package outlined important reforms on cheaper lease extension, easier Right To Manage and improving commonhold.
We need all these reforms.
3/8 As expected, the government also promises that the #BuildingSafetyBill is to be introduced this session.
We wait to see if the deeply unpopular Building Safety Charge is still included and how "high risk buildings" will actually be defined in the new law.
We wait to see if the deeply unpopular Building Safety Charge is still included and how "high risk buildings" will actually be defined in the new law.
4/8 The #BuildingSafetyBill was also touted as the way that the gov't is supposed to protecting leaseholders from building defects.
We shall see whether the detail of that involves #forcedloans, which will result in leaseholders having to pay all such costs plus interest.
We shall see whether the detail of that involves #forcedloans, which will result in leaseholders having to pay all such costs plus interest.
5/8 We shall also see if the #BuildingSafetyBill delivers what @team_greenhalgh promised during the #FireSafetyBill on limitation periods for claims in relation to buildings.
We also need Australian-style implied warranties and duties to force better developer behaviour.
We also need Australian-style implied warranties and duties to force better developer behaviour.
6/8 In less positive news, the gov't promises another huge boost to the developer lobby by relaxing rules on planning to build more houses, which means more profits (and possibly more taxpayer subsidies) for the sector.
So no sign of any consequences for #FireSafety defects.
So no sign of any consequences for #FireSafety defects.
7/8 We have no details yet on timing.
The gov't also announced other measures including abolition of fixed 5 year Parliaments, restricting protest rights and requiring voter ID.
All 3 are controversial and may be held up by the Lords, squeezing time for other measures.
The gov't also announced other measures including abolition of fixed 5 year Parliaments, restricting protest rights and requiring voter ID.
All 3 are controversial and may be held up by the Lords, squeezing time for other measures.
8/8 The bottom line is that there will be a lot to look out for in the next few weeks and months.
Will the gov't keep its promises on limitation reforms and costs protection for leaseholders?
Will the freeholder lobby succeed in derailing the ground rents ban? #NotJustCladding
Will the gov't keep its promises on limitation reforms and costs protection for leaseholders?
Will the freeholder lobby succeed in derailing the ground rents ban? #NotJustCladding
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