
Leasehold Enfranchisement – Is change finally on the horizon?
Was the King’s Speech the key to reform that leaseholders were hoping for?
Was the King’s Speech the key to reform that leaseholders were hoping for?
The Leasehold Reform (Ground Rent) Act 2022 came into force on 30 June 2022, limiting the ground rent chargeable on most new long residential leases to one peppercorn a year.
We conclude our review of legal issues arising upon the conversion of commercial buildings to residential use. In this, the third and final article in our series, our commercial property partner Richard Higgs considers the ‘leasehold enfranchisement’ aspects.