Long leaseholders to benefit
Long leaseholders to benefit
- 2004
- ODPM News Release (2004/0239) 25 November 2004 (4) .
From February 2005 long leaseholders in England will have improved protection and rights within the implementation of the next phase of provisions in the Commonhold and Leasehold Reform Act 2002. Amongst other provisions, leaseholders will benefit from further protection against the threat of forfeiture, will have to receive a written demand from their landlord for the payment of ground rent before it becomes payable and will be able to choose their own buildings insurance for the property. Full details on the Act, the Orders and the Regulations are available from: http://www.hmso.gov.uk. http://www.odpm.gov.uk/pns/displaypn.cgi?pn_id=200 4_0289
COMMONHOLD AND LEASEHOLD REFORM ACT 2002
LONG LEASEHOLDS
TENANTS
GROUND RENTS
From February 2005 long leaseholders in England will have improved protection and rights within the implementation of the next phase of provisions in the Commonhold and Leasehold Reform Act 2002. Amongst other provisions, leaseholders will benefit from further protection against the threat of forfeiture, will have to receive a written demand from their landlord for the payment of ground rent before it becomes payable and will be able to choose their own buildings insurance for the property. Full details on the Act, the Orders and the Regulations are available from: http://www.hmso.gov.uk. http://www.odpm.gov.uk/pns/displaypn.cgi?pn_id=200 4_0289
COMMONHOLD AND LEASEHOLD REFORM ACT 2002
LONG LEASEHOLDS
TENANTS
GROUND RENTS