The staff in Southam Branch were delighted to each receive a beautiful bouquet from one of their vendors who recently completed the sale of her property. They also found her a great property to rent while she waits for the right property to come to market. ‘Thanks for everything, you have all been so kind and looked after me really well through what has been a very emotional time.’
The Leasehold Reform (Ground Rent) Act 2022 effectively abolishes ground rents under new long residential leases (i.e., leases with a term of more than 21 years) that are granted for a premium. The Act received Royal Assent on 8 February 2022 but has not fully come into force yet. It forms a vital part of the Government's agenda for leasehold reform is described as part of the most significant changes to property law in a generation.