What these notes do
These Explanatory Notes relate to the Leasehold Reform (Ground Rent) Bill as introduced in the House of Lords on 12 May 2021 (HL Bill 1).
· These Explanatory Notes have been prepared by the Ministry of Housing, Communities and Local Government to assist the reader. They do not form part of the Leasehold Reform (Ground Rent) Bill and have not been endorsed by Parliament.
· These Explanatory Notes explain what each part of the Leasehold Reform (Ground Rent) Bill will mean in practice; provide background information on the development of policy; and provide additional information on how the Leasehold Reform (Ground Rent) Bill will affect existing legislation in this area.
· These Explanatory Notes might best be read alongside the Leasehold Reform (Ground Rent) Bill. They are not, and are not intended to be, a comprehensive description of the Leasehold Reform (Ground Rent) Bill.