Leasehold reform

The Housing, Communities and Local Government (HCLG) committee recently released its report into leasehold housing, in their report the select committee set a range of recommendations to the government to implement: • Ensure that commonhold becomes the primary model of ownership of flats in England and Wales• Require ground rents on new leases to be set at a peppercorn level …

Removal of the borrowing cap

As long as anyone at our company can remember, successive governments have talked up the need to build more housing. Also, as long as we can remember, the country has failed to do so. This has been the case for a number of reasons including supply and demand cycles and a complicated and protracted planning system. Tinkering at the edges …