09 Jan

Leasehold reform plans branded 'nothing more than tinkering'

Law Commission aims to make it cheaper for leaseholders to buy freehold or extend lease The Law Commission has set out a range of proposals which it said will make it cheaper for Britain’s 4 million leaseholders to buy their freehold or extend their lease. However, the reforms were immediately branded by campaigners as “nothing more than tinkering”.Amid widespread controversy over spiralling ground rents and extortionate demands from freeholders, the government last year asked the Law Commission to produce proposals to simplify the process and provide a better deal for leaseholders. Continue reading…

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