Government reform of leasehold will reduce payments from leaseholders to freehold landlords a lot in some instances. In this Update, we provide two examples of how the changes will affect “enfranchisement premia” – the cost of buying the freehold or extending the lease on a property.
On 14th January, economists from across our property services will be holding an online briefing about the long-term outlook for the commercial and residential sectors as part of our ‘The Future of Property’ series. Details and complimentary registration are here.
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