The RRB Housing Act: what next?
24/10/2023
In what has been a busy week for legislation, the RRB has stolen the limelight in the press this week. The bill has been controversial since the beginning, with the primary object to abolish “no fault evictions”. Separately, a key clause in the bill, section 21, addresses a “trap” for long leaseholders who have high ground rents which can make it difficult for those affected to sell or remortgage without incur, in some cases, significant expense. The RRB has made headlines this week due to the delay in progressing the bill, which is bad news for leaseholders affected by the ground rent issue. The latest update confirms that the Bill Committee will be scrutinising the Bill by 5 December 2023. A motion has also been made to carry forward the Bill into the next Parliamentary session.