Freeholders are branded a “property mafia”, by leasehold campaigner
Summary
A leasehold campaigner has criticised freeholders and argued that current leasehold reforms do not go far enough, calling for a universal right to manage and stronger rights for leaseholders to buy their freeholds. The article also notes that five sets of regulations linked to the Leasehold and Freehold Reform Act 2024 have been laid in Parliament, while further reform through a Commonhold and Leasehold Reform Bill is expected later this year.
Why it matters
The article highlights ongoing change in leasehold law and governance, which may affect how residential blocks are managed, how service charges are controlled, and how surveyors advise clients on tenure and building management. It is relevant to surveyors involved in leasehold valuation, block management, and due diligence on multi-occupancy residential property.
Key points
- Campaigners say leasehold reforms should go further, including a universal right to manage.
- Leaseholders are also being urged to gain stronger rights to enfranchise and buy freeholds.
- Five sets of regulations linked to the Leasehold and Freehold Reform Act 2024 have been laid in Parliament.
- Further reform is expected in the Commonhold and Leasehold Reform Bill.
- The Residential Freehold Association defended the role of professional freeholders and called for constructive engagement.
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