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ROT: Length of Lease and Proposed Leasehold Reform

Change date
20/08/2026
Word count
417
Deployment measure
9/10
Rationale

Major reforms to statutory lease extensions have been passed but are not yet fully in force. Buyers with shorter leases should proceed on the basis of the current law and should not assume that marriage value or lease-extension costs will shortly disappear.

The Lease has approximately **[XX years] remaining**. The remaining term of a lease can affect the value, saleability and mortgageability of a leasehold property and the cost of obtaining a …

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WhenIBought is a Lexsure service for homeowners who discover an issue when selling or remortgaging and wonder what was known, investigated or explained at the time of purchase. It offers a conversation about what happened and, where the records allow, what lenders required at the time. It does not determine whether anyone was at fault.

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