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The latest paragraphs for you to consider including in your CQS CPMS Policy.

Text for CQS CPMS Policy

CQS Policy: Eligibility for Statutory Lease Extensions (LFRA 2024 Update)

Purchase this policy: Purchase of a Leasehold policy

Change date
14/01/2026
Word count
130
Deployment measure
7/10
Rationale

Aimed at fee earners prevent outdated advice regarding the abolished two-year ownership rule and prevents the use of redundant "bridge" notices. It highlights that the primary risk has shifted to the registration gap, as a valid notice can only be served once the buyer is formally registered at HMLR.

Fee earners must note that under the Leasehold and Freehold Reform Act 2024, the requirement for a leaseholder to have owned the property for two years prior to serving a …

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