The Leasehold & Freehold Reform Act 2024 could partially be brought into force. I'm not convinced by the goverment's implied claim that no further measures can be commenced without consultation.
And so I've made a nice colour-coded list of the LAFRA measures
The stuff in orange looks like it could be switched on just by the minister deciding to do so. The stuff in red is legit the stuff the previous Tory government left unfinished.
Note that this is about whether any detail has to be specified before bringing parts of the law into force.
The 0.1% retroactive ground-rent cap on existing leases requires no further detail, but it's already the subject of a lawsuit - so that's a different impediment.
Comparison with the government's statement of 21 November 2024 reveals that there is no timetable for bringing many of the measures in LAFRA into force
It is concerning that the government has excluded the following LAFRA measures from its timetable for the current parliament:
* new leasehold house ban
* the redress schemes in part 6
* the non-financial reforms to enfranchisement, such as mandatory leasebacks
The minister gives no reason *at all* for not timetabling those and other such measures.
The statement is 2400 words long; they give good reasons for delaying other measures (complexity and unspecified statutory flaws). Were there good reasons for other delays, they'd say so.
(the same point is anticipated by @eastender99 elsewhere in this thread)
@jcreedy @LKPleasehold @JohnAStephen in their manifesto, what they said is as I described above.
Lisa Nandy said on Sky News (23 May 2023) that Labour would ban leasehold but that this meant banning it on new builds, and reform commonhold for existing flats (rather than mandate it)
@jcreedy @LKPleasehold @JohnAStephen On Question Time on 27 April that year she had said the government *should* ban leasehold, and that the next government would do "something" about it
@jcreedy @LKPleasehold @JohnAStephen there is also a third broadcast piece I've never been able to find again where she's much more explicit about banning leasehold for "private" flats (i.e., retain it for social housing, council housing and shared ownership)
Lord Young's analogy between #leasehold enfranchisement and buying out minority shareholders is an apt one.
But of course it's just an analogy ... 1/n
In effect, the freeholder and the leaseholders have shares of two different classes, only one of which can vote ... 2/n
The effect of Right To Manage in the 2002 Commonhold & Leasehold Reform Act was, under the Young analogy, to split the freeholder's share two classes, including Management shares for voting on decisions about running the building, vested in the leaseholders ... 3/n