Leasehold enfranchisement valuation reform “options” proposed by Law Commission

Three options for leasehold enfranchisement valuation reform written on a sign post

On 9th January 2020, the Law Commission for England and Wales published their greatly anticipated report on leasehold enfranchisement valuation reform. The report proposes options to reduce the premiums that leaseholders must pay in order to buy the freehold or extend the lease on their homes. Such transactions are referred to as “enfranchisement”. Enfranchisement is […]