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New Leasehold and Freehold Reform Bill – Should I Wait?

The Leasehold and Freehold Reform Bill is on the horizon, and the Government aims to shake up the leasehold housing market. In the King’s Speech on 7 November 2023, they laid out the plan for this new law, which is intended to simplify and make more affordable the process of leaseholders buying their freehold, extending their leases, taking over management rights, and shielding them from hefty service charges.

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