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ROT: Leasehold and Freehold Reform Act 2024 - Extend Now or Wait?

Change date
07/08/2024
Word count
395
Deployment measure
8/10
Rationale

Taking into account the Leasehold and Freehold Reform Act this draft wording addresses what is already becoming a common question raised by leasehold buyers, namely whether they should extend their lease now or hold off.

A common question for leaseholders is to await the commencement of the new Leasehold Reform Act or to act now under the existing regime and serve formal notice. The first …

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