Leasehold Reform Bill is only "baby steps" towards relieving the pain of leaseholders
by India Block
Mar 27, 2024
3 minutes
The Leasehold and Freehold Reform Bill had its second reading in the House of Lords today.
These reforms would bring “greater fairness, security, transparency and competition to the leasehold market” said Baroness Scott of Bybrook (Conservative), parliamentary undersecretary to the Department of Housing.
“Leasehold homeowners are too often at the whim of their freeholders, disempowered by the fundamentally unfair system.”
The Bill includes an automatic 990-year lease extension, with ground
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