Schedule 7 – Amendments consequential on Sections 35 to 37 and Schedules 4 to 6
Paragraphs 1 to 6 of Schedule 7 amend the LRA 1967 and the LRUHDA 1993 to make two changes, which apply where multiple landlords are affected by an enfranchisement claim (and make consequential amendments to the provisions of the LRA 1967 and the LRUHDA 1993 governing the redemption of mortgages).
	First, where the overall price for the freehold or extended lease and all other relevant terms have been agreed between the tenant (or nominee purchaser) and the landlord who is responsible for the claim, the amendments ensure that the tenant (or nominee purchaser) can insist that the landlord completes the transfer or grant. The transfer or grant must take place even if the share of the price due to each individual landlord has not yet been agreed or determined.
	Secondly, the amendments ensure that the landlord responsible for the claim can receive the entire price, which they will hold on behalf of themselves and all other affected landlords. The amendments remove the power of other landlords to insist on being paid their share of the price directly. But they provide a new protection for other landlords by giving them the power to insist that the whole price must be paid into the Tribunal rather than to the landlord responsible for the claim.
	Paragraphs 7 to 29 make minor amendments to the LRA 1967 and the LRHUDA 1993 as a consequence of the valuation scheme in Sections 35 to 37 and Schedules 4 to 6.