THE LAW COMMISSIONS LONG AWAITED VALUATION REPORT HAS BEEN RELEASED……

The Law Commission released their report on enfranchisement yesterday. The main document is 322 pages or their summary is 32 page. Both are difficult documents to get your head around.

https://www.lawcom.gov.uk/project/leasehold-enfranchisement/

The NLC statement is below:

Whilst we are thankful to the Law Commission for carrying out this piece of work leaseholders will not receive the content of the report as favourable.

Leaseholders have put so much time & effort into completing consultation after consultation regarding leasehold reform in the hope much needed radical changes were on the horizon.  We needed the law commissions valuation report to give us hope that people will be able to afford to buy a way out of this mess. We still don’t have that. 

The aim of making it easier, quicker and more affordable is no clearer than at the start of this consultation 18 months ago. The report is immensely complicated and confusing with 3 main options proposed with 7 sub options for the government to choose from.  It could leave an already complicated system even more so depending on which option the government chooses or rather is persuaded to choose.   I have no idea how a leaseholder will be able to understand and navigate most elements of this report. 

This has been the best chance in decades to bring about meaningful much needed changes to the leasehold system, yet it appears they are doing nothing more than tinkering around the edges and keeping the status quo.  It is deeply disappointing. 

We can only hope that the government will take the much needed BOLD action to address the imbalance of the leasehold system.  It may be correct to consider the human rights of the landlords, but they should have been considered in light of the fact those landlords have been allowed by a deeply flawed leasehold system to abuse the human rights of leaseholders over many decades.  Decades in which successive governments have effectively duped the consumer into believing there were no problems with leasehold tenure.  Decades in which developers have been allowed to create leases that in some cases are so onerous that people cannot sell their homes.  Leases which have allowed the developers and landlords to make billions of pounds out of other people’s homes.

CALLING ALL LEASEHOLDERS TO UNITE TOGETHER. THIS IS A CRUCIAL TIME IN OUR CAMPAIGN. WE NEED YOU.

PLEASE ASK YOU MP TO JOIN THE APPG ON LEASEHOLD & COMMONHOLD REFORM

RIGHT TO MANAGE (RTM) CONSULTATION CLOSES SOON – 30TH APRIL

WE NEED YOUR HELP AGAIN.

We Know you are all tired of completing consultation after consultation but PLEASE do not stop. We need to keep going.

Helping leaseholders take control over the running of their buildings.
The Law Commission are conducting a public consultation on reform of the right to manage: “Leasehold home ownership: exercising the right to manage”.

The consultation period is open until 30 April 2019.

They want to hear from everyone with views on the law and process of RTM – leaseholders, landlords, campaigners, property developers, industry bodies, professionals and academics.

The Consultation Paper is lengthy and technical. Please don’t be put off by this. You do not need to answer every question.

If you are only interested in one part of our consultation, or even if you wish to answer only one question, you can respond to just that part or question.You do not need to complete all of your answers in one go.

You can save and return to the form at any time.The Law Comission have provided guidance and explanations on their website. Please take the time to read them.

Law Commission guidance here

Right to Manage

How to complete the consultation?

Comments may be sent using the online form, accessible here. Where possible, it would be helpful if this form was used.

Alternatively, comments may be sent:
By email to rtm@lawcommission.gov.uk.

By post to Right to Manage Team, Law Commission, 1st Floor, Tower, 52 Queen’s Anne Gate, London, SW1H 9AG.
(If you send your comments by post, it would be helpful if, whenever possible, you could also send them electronically.)

There is also a short survey leaseholders can complete.

SHORT SURVEY:They have produced a short survey for leaseholders and directors of RTM companies to complete, to tell us about their experiences of the RTM.You can access it here.

PLEASE SUPPORT EACHOTHER IN TRYING TO DETANGLE OURSELVES FROM THIS LEASEHOLD WEB.