Title page
Contents
Summary 6
1. The Bill in context 10
1.1. The nature of leasehold ownership 10
1.2. The extent of leasehold ownership 12
1.3. Problems associated with leasehold ownership 13
1.4. The Law Commission's 13th Programme of Law Reform 14
1.5. Timeline of UK Government policy on leasehold reform 14
1.6. Leasehold reform in Wales 17
1.7. Freehold estates 18
1.8. What is commonhold tenure? 18
1.9. Parliamentary activity around leasehold reform 19
2. The Bill: An overview 21
2.1. What would the Bill do? 21
Enfranchisement and lease extensions 21
Right to manage 22
Regulation of leasehold 22
Regulation of estate management 22
Rentcharges 23
Consultation on restricting ground rents 23
2.2. Where and when would the Bill take effect? 23
2.3. What isn't included in the Bill? 24
2.4. Reaction to the Bill 25
2.5. Terminology 27
3. Leasehold enfranchisement and extension 28
3.1. Background 28
3.2. The Bill 29
Eligibility for enfranchisement and extension 29
Effects of collective enfranchisement 32
Effects of lease extension 33
Price payable on enfranchisement or extension 34
Costs of enfranchisement or extension 35
Jurisdiction of the county court and tribunals 36
Jurisdiction of the High Court 36
4. Other rights of long leaseholders 37
4.1. Right to vary long lease to buy out ground rent 37
Background 37
The Bill 37
4.2. The Right to Manage (RTM) 38
Background 38
The Bill 39
5. Regulation of leasehold 41
5.1. Service charges 41
Background 41
The Bill 42
5.2. Insurance 44
Background 44
The Bill 45
5.3. Administration charges 46
Background 46
The Bill 47
5.4. Litigation costs 47
Background 47
The Bill 48
6. Regulation of estate management 49
6.1. Background 49
6.2. The Bill 51
Limitation of estate management charges 52
Rights relating to estate management charges 52
Administration charges 53
Codes of management practice: Extension to estate managers 54
7. Rentcharges 55
7.1. Background 55
7.2. The Bill 56