No end in sight for leasehold, campaigners warn
Summary
Campaigners say there is still no clear timetable for ending the leasehold system, despite repeated government commitments to reform it. The article highlights concerns that leaseholders continue to face uncertainty and rising costs while ministers say legislation will come soon but will take time because the issue is complex.
Why it matters
Leasehold reform affects ownership structures, service charge arrangements and the legal framework surveyors encounter in residential transactions and valuations. Surveyors may need to stay alert to changes that could affect marketability, client advice and due diligence on leasehold properties.
Key points
- Campaigners argue promised leasehold reform has not yet translated into visible change.
- Angela Rayner said legislation to end leasehold would be coming soon, but acknowledged the issue is complex.
- The National Leasehold Campaign says leaseholders remain exposed to rising costs and uncertainty.
- The article suggests continued tension between reform promises and the current leasehold system.
Organisations:
The Negotiator, National Leasehold Campaign, LBC Radio
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