New property laws set to feature in the King’s Speech
Original Article Summary
Further detail on housing, planning and wider property-related measures will be closely watched by the sector when the full speech is delivered
PropMatch Curated Analysis
The King's Speech is expected to include two housing bills: a Leasehold and Commonhold Reform Bill capping ground rents at £250 and transitioning to peppercorn after 40 years, and a Building Safety Remediation Bill strengthening post-Grenfell safety standards. Both carry material implications for leasehold and apartment investors.
Investor Relevance
Leasehold and ground rent investors face direct income risk from the proposed £250 cap and peppercorn transition, while building safety obligations may increase cost exposure for apartment block owners and developers. Investors acquiring or holding leasehold assets in England and Wales should reassess yield assumptions and exit pricing now that legislative intent is confirmed.
Original Source:
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