LAFRA 2024: leaseholders in limbo—New Law Journal
Partner Shabnam Ali-Khan has contributed an article to New Law Journal which outlines the ongoing uncertainty caused by the Leasehold and Freehold Reform Act 2024 and the urgent need for genuine consultation before further reform.
In her article, Shabnam examines the uncertainty created by the Leasehold and Freehold Reform Act 2024, noting that while the Act was billed as a major step toward fairness and simplicity for leaseholders, delays, stalled test cases and incomplete implementation have left the sector in a state of limbo. She highlights the challenges practitioners and leaseholders now face, including rising costs, slowed transactions and unpredictable outcomes, and stresses that further reform must be grounded in genuine consultation with those who work with leasehold law every day. Without this, she warns, well-intentioned changes risk producing confusion, litigation and new problems for both the market and the wider housing system.
LAFRA 2024 was well intentioned but unfinished. Without consultation, it has created further concerns where it promised progress. The next stage must not repeat that mistake, even if that means it takes a little more time.
The full article is available to read online at New Law Journal by subscription only.
About Shabnam
Shabnam Ali-Khan specialises in lease extension and enfranchisement matters, primarily under the Leasehold Reform Housing and Urban Development Act 1993 working with a variety of clients ranging from high-net-worth individuals and companies to individual leaseholders and investor landlords.
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