24 October 2025
SHW - Navigating the Leasehold Reform Act
Building Consultancy, Planning, Professional services, Rent reviews & Lease renewals
As a surveyor, I’ve seen firsthand how the Leasehold and Freehold Reform Act 2024 has stirred both hope and hesitation among leaseholders. While the Act promised sweeping changes to lease extension rights, the reality in 2025 is far more complex.
✅ What’s changed?
- Leaseholders no longer need to wait two years post-purchase to extend their lease — a welcome shift for buyers and sellers alike.
⏳ What hasn’t?
- Key reforms — including the abolition of marriage value and changes to premium calculations — remain in limbo.
Several major changes are still pending further legislation and consultation. Recently, a few large freeholders challenged the reforms in court, arguing that the changes infringed on their ‘human rights’. These legal challenges have now been rejected, but appeals are expected—likely causing further delays to the implementation of other critical reforms.
For leaseholders with leases under 80 years, the stakes are high. Delaying an extension could mean higher costs or reduced property value — yet waiting for reform may not be viable, with full implementation potentially years away.
The uncertainty is reshaping how we advise clients. Lease extension strategy now demands a careful balance of timing, valuation, and risk appetite.
If you're navigating this landscape, now’s the time to reassess your position. The reforms may promise a better deal — but for many, acting sooner could be the smarter move.
If you require expert advice on lease enfranchisement, contact Andrew on:
(24) Andrew MacLeod | LinkedIn
Phone: 07570 303881
