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According to the Association of Leasehold Franchise Practitioners (ALEP), the complexity of leasehold ownership made it impossible for the government to scrap the leasehold system this year.
Housing Secretary Michael Gove said the government’s intention was to abolish the tenure system, telling lawmakers in January that the government would “soon introduce legislation.”
The King’s address later this year was expected to include a bill outlining further tenure reform, but it is currently understood that it will not result in the abolition of tenure.
Mark Chick, director of ALEP and senior partner of Bishop & Sewell, said, “The news that Michael Gove intended to repeal the lease made a lot of headlines at the time, but the reality is that the lease has been closed. There was no real prospect of the system of power being abolished,” he said. during this parliament.
“Land tenure is a highly complex area of law that has evolved over centuries and cannot be easily abolished or replaced overnight. Maybe, but given the enormous task ahead of the government, not to mention other time-sensitive demands of Congress, it’s not all that surprising.
“Rather than throwing out unfinished bills that are not fit for purpose or hastily bills that may cause unintended disruption or damage, the government will take time to consider all aspects of the proposed reforms, Consultation is desirable.
“We look forward to hearing further details about the next phase of the government’s tenure reform plan at the King’s Address later this year.”