Leaseholders won’t see all the hoped-for benefits from the Leasehold and Freehold Reform Bill unless significant changes are made, according to a leading expert.
The government has signalled that it will bring in more leasehold reforms for flat owners following the introduction of the Leasehold and Freehold Reform Bill.
The Leasehold and Freehold Reform Bill has taken a step towards becoming legislation after it was introduced to Parliament.
The government has launched plans to slash ground rents on existing leaseholds as part of a consultation into widescale reform.
New leasehold reform legislation faces tough scrutiny from MPs and leasehold groups who are frustrated by an expectation that it will only cover houses, not flats.