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Leasehold reforms become law.
Homeowners will receive more rights, power and protections over their homes under the Leasehold and Freehold Reform Act which has become law. Easier and cheaper for leaseholders to buy their freehold. The Act will increase standard lease extension terms to 990 years for houses and flats, and provide greater transparency over service charges. The Act…
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Housing Secretary introduces long-awaited Leasehold and Freehold Reform Bill in parliament.
Housing secretary Michael Gove earlier this week unveiled the long-awaited Leasehold and Freehold Reform Bill (LFRB) in parliament, intending to improve the rights, powers and protections leaseholders in England and Wales have over their homes. A key part of the government’s long-term plan for housing, the bill will make it easier and cheaper for leaseholders…