It has been well documented that a bill to reform elements of leasehold law will be a subject of the King’s Speech on 7th November, 2023
But will the long waited promises of change to the leasehold system bring improvements? The Leasehold Reform (Ground Rent) Act 2022 has gone part way to improvement by abolishing ground rents in leases created after 30 June 2022 but what proposals can we hope will be introduced to fulfil the promises made by Housing Minister Rachel Maclean to ‘restore true home ownership to millions of people…’ ? We shall be listening closely to the speech and assessing its impact – good or bad
You can contact our specialist team of residential lawyers in relation to advice on all aspects of residential leasehold enfranchisement law.
Adcocks Solicitors- experts in leasehold law- www.adcocks.com<< Back to latest news