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Podcast: The Property Nomads Podcast
Episode: NO MORE LEASEHOLDS FOR HOUSES - Kings Speech Recap
Description: Rob recaps the key points from the recent King's speech, focusing on housing-related announcements. The first major point is the introduction of a new leasehold and freehold bill, which will ban leaseholds for new houses in England and Wales. Additionally, the standard lease extension period will be increased to 990 years. Rob talks about the potential benefits of these changes, such as providing clarity and security for homeowners. KEY TAKEAWAYS The King's speech announced a new leasehold and freehold bill that will ban leaseholds for new houses in England and Wales, while increasing the standard lease extension p...