Leasehold reforms set out amid concerns over delays

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Leasehold reforms set out amid concerns over delays - BBC Business

Quick Summary:

Campaigners say the overhaul is welcome but will not come fast enough to help existing leaseholds.

Ministers will also consult on how leaseholders can more easily challenge unreasonable service charges, and require landlords to get court approval before passing their legal costs on to leaseholders.

Announcing a new timetable for reform, Housing Minister Matthew Pennycook said that commonhold - where people own their homes without an expiring lease - will become the default tenure before the next election.