12:19 PM, 10th May 2022, About 3 weeks ago 13
In the State Opening of Parliament, the Queen’s speech (this year given by Charles the Prince of Wales) sets out the laws her government wants to pass and the priorities for the months ahead.
For the Property Sector the main headlines are:
Her Majesty’s Government will introduce legislation to improve the regulation of social housing to strengthen the rights of tenants and ensure better quality, safer homes. This will include the Renter’s Reform Bill which includes the end of section 21 so-called ‘no fault’ evictions and improvements to section 8 notices and lifetime tenant deposits.
The planning system will be reformed to give residents more involvement in local development,” in a Levelling Up and Regeneration Nill. This will be a watered-down version to be included in the levelling up Bill and not a full planning bill as promised in last year’s speech. This is due to a very poor reception from Tory Back Benchers.
The Levelling up and regeneration bill will include plans to stop high streets from being blighted by empty shops and give councils in England the power to force landlords to rent out commercial properties and new powers to take control of empty buildings through compulsory purchase orders.
The Bill is also expected to allow councils to double council tax on second homes that are not occupied.
Ministers will support the Bank of England to return inflation to its target. To keep inflation low and stable, the government sets the bank an inflation target of 2%.
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