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Leasehold reform

Leasehold reform a Bill before Christmas, but when will leaseholders see the benefit?

Andy Burnham has promised to introduce a leasehold reform Bill before Christmas.

Speaking at the Labour Party Conference on 29 September, he said:

“We will introduce a Bill before Christmas for long overdue Leasehold Reform... you have my word.”

That is welcome.

For leaseholders considering a lease extension or the purchase of their freehold, however, the practical question remains: when will the changes take effect, and what difference will they make to the cost?

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