Lease Extensions

Lease Extensions and Collective Enfranchisement – Will Leasehold Reform make them cheaper?

On 19th July 2018 the Law Commission  announced outline proposals to improve the enfranchisement process for leaseholders of houses. It claims that the current regime is complex, expensive, arbitrary and encourages an unhelpful tactical approach to negotiations. Its proposals to improve the enfranchisement process for leaseholders of houses include: Introducing a single coherent set of criteria [...]