The King's Speech took place on 17th July following on from the Labour Party being elected, the good news is that Labour are picking back up the leasehold and commonhold reform that the conservatives started.

This is a DRAFT bill so there is not much meat on the bone to go from, but I have unpacked what has been mentioned today and what the next steps are. I will update with another video as soon as there is more to go from.

I am an ex leasehold flat owner, eventually being able to sell in 2022 and now share my experiences with the whole feudal system which I HATE!

If you have any questions let me know in the comments below, and what do you think? Do you think it goes some way in helping leaseholders?

Briefing notes from King's speech page 75
   • Leasehold Reform Act 2024 PASSED  Wh...   (Prior to the election)

#leasehold #leaseholdscandal #kingsspeech

00:00 Intro
01:04 Timeline of key dates leasehold and common hold reform bill
02:55 Main Points from King’s Speech 17th July on leasehold and common hold reform bill
03:41 Unregulated ground rent and forfeiture of lease
05:04 Commonhold system
06:01 What’s included in the draft leasehold and commonhold reform bill
10:46 Previous leasehold reform bill that got passed and some things it included
11:25 When can leaseholders expect these new laws
12:37 Outro
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