Designing Buildings at 08:17, 5 July 2024

2024-07-05T08:17:03Z

Designing Buildings: Created page with "The [https://www.legislation.gov.uk/ukpga/2024/22/enacted Leasehold and Freehold Reform Act 2024] is: "An Act to prohibit the grant or assignment of certain new long residen..."

2024-07-05T08:13:35Z

Created page with "The [https://www.legislation.gov.uk/ukpga/2024/22/enacted Leasehold and Freehold Reform Act 2024] is: "An Act to prohibit the grant or assignment of certain new long residen..."

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The [https://www.legislation.gov.uk/ukpga/2024/22/enacted Leasehold and Freehold Reform Act 2024] is: "An Act to prohibit the grant or assignment of certain new long residential leases of houses, to amend the rights of tenants under long residential leases to acquire the freeholds of their houses, to extend the leases of their houses or flats, and to collectively enfranchise or manage the buildings containing their flats, to give such tenants the right to reduce the rent payable under their leases to a peppercorn, to regulate the relationship between residential landlords and tenants, to regulate residential estate management, to regulate rentcharges and to amend the Building Safety Act 2022 in connection with the remediation of building defects and the insolvency of persons who have repairing obligations relating to certain kinds of buildings."

The Act is intended to

* make it easier and cheaper for leaseholders to buy their freehold, increase standard lease extension terms to 990 years for houses and flats.
* Provide greater transparency over service charges.
* Remove barriers for leaseholders to challenge their landlords’ unreasonable charges at Tribunal.
* Ban the sale of new leasehold houses other than in exceptional circumstances.
* End excessive buildings insurance commissions for freeholders and managing agents.
* Scrap the requirement for a new leaseholder to have owned their house or flat for two years before they can buy or extend their lease.
* Grant freehold homeowners on private and mixed tenure estates the same rights of redress as leaseholders, and equivalent rights to transparency over their estate charges.
* Help more leaseholders take over the management of their property if they want to.

It also makes amendments to Part 5 of the Building Safety Act 2022

* 114.Steps relating to remediation of defects
* 115.Remediation orders
* 116.Remediation contribution orders
* 117.Recovery of legal costs etc through service charge
* 118.Repeal of section 125 of the BSA 2022
* 119.Higher-risk and relevant buildings: notifications in connection with insolvency

You can find out more at: [https://www.gov.uk/government/news/leasehold-reforms-become-law https://www.gov.uk/government/news/leasehold-reforms-become-law]

You can see the Act in full at [https://www.legislation.gov.uk/ukpga/2024/22/enacted https://www.legislation.gov.uk/ukpga/2024/22/enacted]

= Related articles on Designing Buildings =

* Leasehold.
* Freehold.
* Building Safety Act.
* Grenfell Tower Fire.
* Remediation.

[[Category:DCN_Commentary]] [[Category:DCN_Legislation]] [[Category:Health_and_safety_/_CDM]] [[Category:Other_legislation]] [[Category:Building_safety]]

← Older revision		Revision as of 08:17, 5 July 2024
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	The [https://www.legislation.gov.uk/ukpga/2024/22/enacted Leasehold and Freehold Reform Act 2024] is: "An Act to prohibit the grant or assignment of certain new long residential leases of houses, to amend the rights of tenants under long residential leases to acquire the freeholds of their houses, to extend the leases of their houses or flats, and to collectively enfranchise or manage the buildings containing their flats, to give such tenants the right to reduce the rent payable under their leases to a peppercorn, to regulate the relationship between residential landlords and tenants, to regulate residential estate management, to regulate rentcharges and to amend the Building Safety Act 2022 in connection with the remediation of building defects and the insolvency of persons who have repairing obligations relating to certain kinds of buildings."		The [https://www.legislation.gov.uk/ukpga/2024/22/enacted Leasehold and Freehold Reform Act 2024] is: "An Act to prohibit the grant or assignment of certain new long residential leases of houses, to amend the rights of tenants under long residential leases to acquire the freeholds of their houses, to extend the leases of their houses or flats, and to collectively enfranchise or manage the buildings containing their flats, to give such tenants the right to reduce the rent payable under their leases to a peppercorn, to regulate the relationship between residential landlords and tenants, to regulate residential estate management, to regulate rentcharges and to amend the Building Safety Act 2022 in connection with the remediation of building defects and the insolvency of persons who have repairing obligations relating to certain kinds of buildings."

−	~~The Act is intended to~~	+	It was enacted on 24 May 2024.

−	* ~~make~~ it easier and cheaper for leaseholders to buy their freehold, increase standard lease extension terms to 990 years for houses and flats.	+	Amongst other things, the Act is intended to:
		+
		+	* Make it easier and cheaper for leaseholders to buy their freehold, increase standard lease extension terms to 990 years for houses and flats.
	* Provide greater transparency over service charges.		* Provide greater transparency over service charges.
−	* Remove barriers for leaseholders to challenge their landlords’ ~~unreasonable~~ charges at Tribunal.	+	* Remove barriers for leaseholders to challenge their landlords’ charges at Tribunal.
	* Ban the sale of new leasehold houses other than in exceptional circumstances.		* Ban the sale of new leasehold houses other than in exceptional circumstances.
	* End excessive buildings insurance commissions for freeholders and managing agents.		* End excessive buildings insurance commissions for freeholders and managing agents.
	* Scrap the requirement for a new leaseholder to have owned their house or flat for two years before they can buy or extend their lease.		* Scrap the requirement for a new leaseholder to have owned their house or flat for two years before they can buy or extend their lease.
	* Grant freehold homeowners on private and mixed tenure estates the same rights of redress as leaseholders, and equivalent rights to transparency over their estate charges.		* Grant freehold homeowners on private and mixed tenure estates the same rights of redress as leaseholders, and equivalent rights to transparency over their estate charges.
−	* Help more leaseholders take over the management of their property ~~if they want to~~.	+	* Help more leaseholders take over the management of their property.

−	It also makes amendments to Part 5 of the Building Safety Act 2022	+	It also makes a number of amendments to Part 5 of the Building Safety Act 2022.

−	* 114.Steps relating to remediation of defects	+	* 114 Steps relating to remediation of defects.
−	* 115.Remediation orders	+	* 115 Remediation orders.
−	* 116.Remediation contribution orders	+	* 116 Remediation contribution orders.
−	* 117.Recovery of legal costs etc through service charge	+	* 117 Recovery of legal costs etc through service charge.
−	* 118.Repeal of section 125 of the ~~BSA 2022~~	+	* 118 Repeal of section 125 of the Building Safety Act.
−	* 119.Higher-risk and relevant buildings: notifications in connection with insolvency	+	* 119 Higher-risk and relevant buildings: notifications in connection with insolvency.

	You can find out more at: [https://www.gov.uk/government/news/leasehold-reforms-become-law https://www.gov.uk/government/news/leasehold-reforms-become-law]		You can find out more at: [https://www.gov.uk/government/news/leasehold-reforms-become-law https://www.gov.uk/government/news/leasehold-reforms-become-law]

Leasehold and Freehold Reform Act - Revision history

Designing Buildings at 08:17, 5 July 2024

Designing Buildings: Created page with "The [https://www.legislation.gov.uk/ukpga/2024/22/enacted Leasehold and Freehold Reform Act 2024] is: "An Act to prohibit the grant or assignment of certain new long residen..."