Leasehold Reform & Commonhold
Leasehold law is undergoing significant reform. The Leasehold and Freehold Reform Act 2024 (LAFRA) introduced major changes aimed at making leasehold ownership fairer, simpler, and more transparent. Whether you’re a leaseholder, freeholder, or developer, we’ll help you make sense of the reforms.
What’s changing?
The Leasehold and Freehold Reform Act 2024 brought major changes. You no longer need two years’ ownership to extend your lease. More buildings now qualify for Right to Manage, including mixed-use buildings with up to 50% non-residential space. And in most cases, each side pays their own RTM legal costs.
Secondary legislation
Further secondary legislation is expected, and the Draft Leasehold and Commonhold Reform Bill, due later this year, will shape the future of flat ownership in England and Wales. The Bill aims to invigorate commonhold and make it the default tenure for new flats.
What is commonhold?
Commonhold lets you own your flat outright while jointly managing shared areas with neighbours. There’s no lease, no ground rent, and no external landlord. Instead, you help run the building through a Commonhold Association. You will manage shared areas such as hallways, roofs, and gardens. It’s fairer, simpler, and future-focused ownership.
Who we help
We act for leaseholders, freeholders, developers, and managing agents who are navigating these reforms, whether responding to recent changes under LAFRA or preparing for forthcoming legislation. We stay ahead of legislative developments and are ready to guide clients through the practical implications of the Draft Leasehold and Commonhold Reform Bill.
Our specialist expertise
We review leases, advise on extensions, support RTM claims, and guide clients through commonhold conversion. Our focus is always on what’s best for your property goals, not just what’s legally possible. We help you stay one step ahead, so you’re ready to act when the time’s right.
Questions we’re often asked
Yes, but right now, you’ll need unanimous consent. Reforms may simplify this.
Not immediately, but the government plans to phase out leasehold for new flats and make commonhold the default.
This depends on your circumstances. If you're selling or refinancing, you may not be able to wait. We can advise based on your lease length, your circumstances and the timing of proposed changes.
Need an expert in
leasehold enfranchisement
?
For more information or a no obligation discussion, please call or email our team today.
-min.avif)



