Tag: leasehold
Commonhold and Leasehold Reform Bill: What you need to know about proposed changes to leasehold legislation
The Draft Commonhold and Leasehold Reform Bill sets out proposed leasehold law changes in the UK, including changes to ground rents on existing leases, restrictions on new leasehold flats, reforms to forfeiture, and a stronger legal framework for commonhold. Often referred to simply as leasehold reform, these proposals are not yet law. They were published...
Protecting your leasehold investment
Over four million properties in England and Wales are leasehold – if yours is among that number, keep an eye on how many years are left on the lease. Any less than 80 and it’s time to extend it. The number of leasehold properties in England and Wales is on the rise. So what does...