Following the King’s Speech, partner Shabnam Ali-Khan wrote an article featured in EGI, examining the implications of leasehold and freehold in the Leasehold and Freehold Reform Bill.
It appears that landlords will be liable for all of their own costs in relation to lease extensions. This could be seen as unfair, especially for those landlords with small portfolios already being squeezed with mortgage increases in a tough BTL market.
The full article is available to read via EGI.
Shabnam Ali-Khan is in the property law and conveyancing team, specialising 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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