Leasehold and Freehold Reform Act 2024: Implementation
House of Commons · Written Statements · 15 Jul 2026 · 1 speech · Official Report
The leasehold system is blighting millions of lives. The leasehold system is a barrier to a fair and efficient modern residential property market. The leasehold system is an anachronism in the 21st century. That is why this Government made a clear and unambiguous commitment in their manifesto to act where previous Governments had failed and finally bring it to an end. To bring the feudal leasehold system to an orderly end in this Parliament, we must stop it perpetuating itself. To do so, we will legislate through our forthcoming commonhold and leasehold reform Bill to reinvigorate commonhold through the introduction of a comprehensive new legal framework and make it the default tenure by banning the use of leasehold for new flats-complementing the ban on new leasehold houses already on the statute book. In the commonhold future that is on the horizon, existing leaseholders will not be left behind. We will put in place measures that enable more existing leaseholders to take control of their buildings and more easily convert to commonhold as and when they judge the time is right for them. And we will continue to strengthen protections for existing leaseholders in the here and now. Implementation of the Leasehold and Freehold Reform Act 2024 is an integral part of the Government’s ambitious leasehold and commonhold reform agenda. Bringing the various provisions of the Act into force is essential both to providing immediate relief to existing leaseholders currently suffering as...