Are we any closer to the long mooted Leasehold Reform? - Boodle Hatfield

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18 Oct 2023

Are we any closer to the long mooted Leasehold Reform?

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Simon Kerrigan View profile
2 min read

I have long written about pending changes for landlords and leaseholders around leasehold enfranchisement (which you can catch up on here) and this is only going to continue over the coming weeks as legislation that is set to 'abolish the feudal leasehold system' comes to the fore, or so we hope!

Last week, a research briefing was published on the House of Commons Library, summarising the issues and bills that may appear in the State Opening of Parliament which is scheduled to take place on 7 November 2023. The event that marks the beginning of the parliamentary session provides a platform for the Monarch to formally open Parliament and, outline the Government's proposed policies and legislation for the coming parliamentary session.

Within this newly published briefing (which can be found here), it is notable to see ‘Leasehold and commonhold reform’ printed in black and white under the list of ‘potential subjects of legalisation’. 

As I have said many time already, at this stage, we still have very little information, but some form of change is certainly looking likely to be ever closer and we will sit tight in the meantime and await the Kings Speech on 7 November. 

Michael Gove, Secretary of State at the Department for Levelling Up, Housing and Communities: We hope, in the forthcoming King’s Speech, to introduce legislation to fundamentally reform the system. We need to end this feudal form of tenure.

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