Text for CQS CPMS Policy
CQS Policy: Advising Clients on the Leasehold and Freehold Reform Act 2024 (LAFRA)
Purchase this policy: Purchase of a Leasehold policy
- Change date
- 17/11/2025
- Word count
- 287
- Deployment measure
- 9/10
Rationale
Suggested policy wording instructs lawyers to advise clients on the Leasehold and Freehold Reform Act 2024, explaining its partial implementation, pending legal challenges, and key changes such as the removal of the two-year ownership rule and the forthcoming abolition of marriage value, while highlighting timing risks and uncertainties around when these reforms will take effect.
You must be aware of the need to advise clients concerning leasehold property in light of the Leasehold and Freehold Reform Act 2024 (“LAFRA”). You must provide clear and comprehensive
…
To view the full text: