The Current State of Leasehold Reform
/As of 31st January 2025, significant reforms under the Leasehold and Freehold Reform Act 2024 came in, bringing important changes for leaseholders and landlords across England and Wales.
The Reformed Provisions Already in Force
Since 24 July 2024:
New rules were introduced for rent charge arrears.
Landlords can no longer recover legal costs via the service charge unless a lease explicitly allows it.
Section 125 of the Building Safety Act 2022 was repealed, removing previous rules on remediation costs from insolvent landlords.
Stronger notification requirements were introduced in the event of landlord insolvency for higher-risk buildings.