Home / News & Insights / Blog / Law Commission consultation on leasehold enfranchisement opens

Law Commission consultation on leasehold enfranchisement opens

17 Oct 2018

Property experts from across the sector are being encouraged to take part in the Law Commission’s consultation on leasehold enfranchisement ie the rights to extend a residential lease and/or acquire the freehold.

The Law Commission wants to introduce a new and clearer system.  Much of the existing law was created over 50 years ago, is highly complex and hasn’t kept pace with the demands of the modern property market.

In essence the consultation paper asks four key questions:

  1. What should the enfranchisement rights be?
  2. Who should be entitled to exercise enfranchisement rights?
  3. How should enfranchisement right be exercised?
  4. What should it cost to enfranchise?

The consultation period closes on 20 November 2018.

Lawrence Morley comments: “The Law Commission’s provisional reform proposals include new qualifying criteria that is designed to improve enfranchisement rights and a new unified procedure for all claims.”

 

To have your say visit

www.consult.justice.gov.uk/law-commission/leasehold-homeownership/consultation/

For more information visit www.lawcom.gov.uk/project/leasehold-enfranchisement/

Further reading

  • Brighton Office

    1 Jubilee Street

    Brighton

    East Sussex

    BN1 1GE

  • Gatwick Office

    Griffin House

    135 High Street

    Crawley

    West Sussex

    RH10 1DQ

  • Guildford Office

    Wonersh House

    The Guildway

    Old Portsmouth Road

    Guildford

    Surrey

    GU3 1LR

  • Horsham Office

    Ridgeland House

    15 Carfax

    Horsham

    West Sussex

    RH12 1DY

  • London Office

    6 New Street Square

    New Fetter Lane

    London

    EC4A 3BF

  • Get in touch