PUBLISHED TODAY: The Law Commissions views on REFORMS needed to deal with LEASEHOLD HOUSES

Amongst the many contained in the paper – highlights include:

(1) simplifying eligibility criteria & clarifying new rules for service addresses
(2) providing the ability to apply for unlimited lease extensions with no ground rents – similar to flats
(3) abolishing the two year rule
(4) introducing a concept for houses with shared facilities with flats to be part of collective purchase of whole estates
(5) simplifying of the valuation process
(6) the abolition of qualification criteria based on financial


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Strengthening Consumer Redress in the Housing Market

The Government has announced a new consultation ‘Strengthening Consumer Redress in the Housing Market’ This consultation seeks views on improving redress in the housing sector, including exploring the option of a single housing ombudsman.  It closes at 11:45pm on 16 April 2018.

The ARHM will be submitting a response and urge its members to have their say too.

Improving Knowledge about Leasehold

We are pleased to share the first in a series of Leasehold Information Sheets created by a joint working party with our colleagues at ARMA IRPM RICS and LEASE. We have also received endorsements for the sheets from NAEA, Property Redress Scheme, Housing Ombudsman and the Property Ombudsman, who will also be making them available. The information is intended to provide a better understanding of leasehold for people who may wish to purchase a leasehold interest but may not appreciate