‘Leasehold still a life sentence’ – Propertymark report
Summary
Propertymark has published a report arguing that leasehold remains problematic for many homeowners despite recent legislative progress. The report says rising costs, complex rules and market uncertainty continue to affect existing leaseholders, and calls for further reform alongside the transition to commonhold.
Why it matters
Leasehold issues affect valuation, saleability, service charge scrutiny and buyer advice, all of which are relevant to residential property surveyors. The report also signals continuing policy pressure around leasehold reform, which may influence market behaviour and client expectations.
Key points
- Propertymark says leaseholders still face rising costs and complex rules
- The report calls for further reform to support existing leaseholders, not just future commonhold adoption
- Concerns include service charges, lease extension costs and ground rents
- The findings suggest ongoing market distortion and reduced buyer confidence
Organisations:
Propertymark, National Leasehold Campaign, Leasehold Knowledge Partnership
Locations:
England, Wales
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