The Leasehold and Freehold Reform Act 2024 represents a significant shift in the landscape of property ownership in the United Kingdom.
Browsing: Lease Extension
How ground rent changes have come about, what it means for prospective leaseholders, and why current leaseholders can hold out hope.
With recent legislation changes announced by the Government, and rebooted FCA guidelines coming into play, it’s all change for 2024.
We’ll be examining the challenges you may have faced (alongside the usual stresses), how many of you have navigated your way through them, and how you can take those lessons learned forward with you into 2024.
The newfound responsibilities and decision-making power granted by comprehensive leasehold reform to today’s leaseholders.
The proposal for a Leasehold and Freehold Bill in the King’s Speech on 7 November 2023 demonstrates an ongoing and determined commitment by the government to reform of the residential leasehold sector – and for leaseholders and freeholders, there are immediate questions and considerations.
Andrew Bulmer said: For far too long leaseholders have had to deal with a complex and out-dated system that often doesn’t work well for them.
The Levelling Up and Regeneration Bill (“the Bill”) is making its way through the final stages of the legislative process.
Laurent Vaughan outlines the process by which flat owners can take control of their block via the Right to Manage process.