Understanding the Leasehold and Freehold Reform Act: What impact will it have on your commercial decision-making?

Join us for an essential webinar with a leading expert and Partner at Hugh James’ Social Housing Team, Rebecca Rees, who will break down the forthcoming changes to leasehold ownership brought about by the Leasehold and Freehold Reform Act 2024 and how they’ll impact your decision-making and asset value. Some of the changes are in force but the most significant ones (abolition of marriage value, changes to the term of renewal leases and method of valuation and additional protections in relation to service charges) require secondary legislation and are not yet in force. We will discuss what their likely impact will be once they arrive. You will learn the key changes affecting your organisation (as we know them at present), the implications for your investment and development decisions, build an awareness of the strategic considerations and practical steps to mitigate risk and future-proof your assets. As part of our continuing series to help decision-makers grow their commercial awareness, this session is ideal for attendees at all levels, including board members to better understand how this area of law is developing and the impact you can expect on your organisation’s activities.