Navigating Leasehold Reforms in the UK

This chapter covers the upcoming leasehold reform act aimed at transforming the leasehold system in England and Wales. It discusses significant changes like the abolition of marriage value and reduced ground rents, along with the importance of understanding lease durations for first-time buyers. Additionally, it emphasizes the need for thorough due diligence and direct communication with residents to assess freeholder reliability before purchasing leasehold properties.