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For some time, those advising clients on leasehold property, and specifically in relation to potential enfranchisement claims have had to temper their advice due to the fact that the law is likely to be the subject of change.
Tenants of long leases of flats (granted for a term of over 21 years) have the right to acquire the freehold of the building, and any intermediate leasehold interests (on a collective basis).
There are two main forms of property ownership in England. These are freehold and leasehold…
The Law Commission has published three reports setting out significant recommendations.
Our experts share their insights & market view on the impact of current affairs.