Search

On Jun 14, 1993, the House of Commons agreed to a legislative ammendment by the House of Lords which exempted the church from giving leaseholders the right to buy their homes. Many tennants of cathederal closes are angry that they should not have the same rights as other tennants, but some are on long leases, which reduces the control of the church over the property. The ammendment was initiated by the Lords rather than the church, as the latter did not expect to succeed.

There is pressure for the Leasehold Reform Act, which excludes property with high rateable values, to be changed, so that leaseholders have the right to buy the freehold. This will particulary affect landowners in London. It is considered unfair that the landlord does not risk anything when he sells the lease of his land, yet he is entitled to the house that is built on it after the lease has expired.

A new concept in increasing the flow of mortgage credit into American Indian trust lands will propose altering certain statutes that make those transactions more palatable to lenders, an idea [...]