Leasehold ban unlikely before next general election, housing minister says
Original Article Summary
Labour pledged in its 2024 manifesto to end the feudal leasehold system
PropMatch Curated Analysis
Housing minister Matthew Pennycook confirms a full leasehold ban will not arrive before the next general election, with reform phased across this Parliament via a draft Commonhold and Leasehold Bill — including ground rent caps, commonhold conversion at 50% leaseholder consent, and removal of marriage value from enfranchisement calculations.
Investor Relevance
Investors holding or acquiring leasehold flats face a multi-year transition rather than an imminent structural disruption; the confirmed policy roadmap — ground rent cap at £250, cheaper enfranchisement, forfeiture abolition, and mandatory commonhold for new builds — directly affects pricing assumptions, exit strategies, and income modelling for leasehold assets across England and Wales.
Original Source:
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