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ARTICLE · 13 DECEMBER 2023

Catching Up On Leasehold Reform

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In 2017, the Government published a white paper called "Fixing our broken housing market". Since then, there have been a wide range of proposed reforms to the housing market especially by means of modernising the leasehold sector.

United KingdomReal Estate and Construction
Alex Millar
Alex Millar
Emma Pereira
Emma Pereira
Andrew Ross
Andrew Ross
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In 2017, the Government published a white paper called "Fixing our broken housing market". Since then, there have been a wide range of proposed reforms to the housing market especially by means of modernising the leasehold sector. The King's Speech on 7 November 2023 included three further announcements about leasehold reform:

1. The Leasehold and Freehold Reform Bill

As discussed here, this Bill was first mentioned in the King's Speech on 7 November 2023. It includes the items below but contrary to the press release and surrounding speculation, the Bill does not contain drafting around the introduction of commonhold, the banning of leasehold houses or the capping of ground rents (but see paragraph 2 below).

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