Changes to the Leasehold System – How do they affect you?

After the release of the latest committee report into the housing industry and developers’ use of leasehold agreements, many landlords are concerned that the government’s response could impact their businesses. Here, we look at the committee’s findings, examine what the government’s response is likely to be, and discuss the reaction of the housing sector so far. Committee Report Produced by MPs sitting on the Housing, Communities, and Local Government Committee, the report has caused alarm amongst many in the housing industry. Tasked with examining abuses of power in the leasehold…

Relaxed planning rules to be made permanent

The process for converting commercial property to residential has become easier, now that temporary planning rules removing the need for planning applications to convert certain types of building have been made permanent. The rules, which apply to B1 use properties (including offices, research and development premises and light industry) being converted for C3 use (residential housing), were set to end in May 2016. However, they will now be made permanent – much to the relief of commercial landowners and developers. Removing planning application requirements for converting certain commercial buildings should…

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