London Property - Home of Super Prime

Leasehold Reform and Freehold Bill 2024, insight with Katherine Simpson a specialist lawyer

March 06, 2024 London Property - Home of Super Prime Season 10 Episode 12
Leasehold Reform and Freehold Bill 2024, insight with Katherine Simpson a specialist lawyer
London Property - Home of Super Prime
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London Property - Home of Super Prime
Leasehold Reform and Freehold Bill 2024, insight with Katherine Simpson a specialist lawyer
Mar 06, 2024 Season 10 Episode 12
London Property - Home of Super Prime

In this episode, host Farnaz Fazaipour welcomes back Katherine Simpson, a partner at Edwin Coe., specialising in leasehold reform. Katherine provides valuable insights into the Leasehold Reform and Freehold Bill, tracing its origins from the leasehold house scandal of 2017. She discusses key recommendations from the Law Commission and explores the implications of the proposed reforms on tenants, landlords, and the broader real estate market.

From the controversy surrounding ground rents to the challenges of collective enfranchisement, Katherine offers a nuanced perspective on the bill's provisions. Despite some positive changes, such as extending lease terms and simplifying ownership criteria, she highlights lingering concerns regarding valuation methodology and the allocation of costs.

As the debate continues, listeners are encouraged to engage with experts and stay informed about the evolving landscape of leasehold reform. Tune in to gain valuable insights and make informed decisions about your real estate investments.

Contact us to learn more about accessing our network of top experts and resources to support your real estate journey. Join the conversation and empower yourself with knowledge to navigate the complexities of London's real estate market and maximising your property wealth.

Maximize your property wealth with London Property. Turn challenges into opportunities. With expert knowledge and reach, we tackle the complexities and inefficiencies of the property market with you.

Show Notes

In this episode, host Farnaz Fazaipour welcomes back Katherine Simpson, a partner at Edwin Coe., specialising in leasehold reform. Katherine provides valuable insights into the Leasehold Reform and Freehold Bill, tracing its origins from the leasehold house scandal of 2017. She discusses key recommendations from the Law Commission and explores the implications of the proposed reforms on tenants, landlords, and the broader real estate market.

From the controversy surrounding ground rents to the challenges of collective enfranchisement, Katherine offers a nuanced perspective on the bill's provisions. Despite some positive changes, such as extending lease terms and simplifying ownership criteria, she highlights lingering concerns regarding valuation methodology and the allocation of costs.

As the debate continues, listeners are encouraged to engage with experts and stay informed about the evolving landscape of leasehold reform. Tune in to gain valuable insights and make informed decisions about your real estate investments.

Contact us to learn more about accessing our network of top experts and resources to support your real estate journey. Join the conversation and empower yourself with knowledge to navigate the complexities of London's real estate market and maximising your property wealth.

Maximize your property wealth with London Property. Turn challenges into opportunities. With expert knowledge and reach, we tackle the complexities and inefficiencies of the property market with you.