Send us a text

To connect with the professional expert in this post, email us at [email protected].

Our guest today is Katherine Simpson, Partner at a London law firm. Katherine is a recognised expert in the specialist field of leasehold enfranchisement, particularly renowned for her expertise in the Leasehold Reform Act 1967, and recommended by Legal 500 UK for the year 2022.

We touch upon the history of leaseholds and focus on leasehold enfranchisement, examining the proposed changes for lease extensions as outlined in the January 2020 consultation paper. We talked with Katherine about the expenses of obtaining a lease extension or collective enfranchisement, reforms that are being suggested, and who is exempt from them.

Leasehold extension and leasehold enfranchisement are two related but distinct concepts in the context of property ownership.

Leasehold extension refers to the process of extending the length of a leasehold, giving the leaseholder more time to occupy the property. This can be done by negotiating with the freeholder or through a legal process.

Leasehold enfranchisement, on the other hand, is a broader concept that includes the option of extending a leasehold but also gives the leaseholder the right to purchase the freehold of the property, giving them full ownership rights.

Interviewer - Farnaz Fazaipour | Property Investment & Ownership

Follow us your way using one of your favourite social media channels listed below:

Instagram
Twitter
YouTube
LinkedIn
Facebook
Buzzsprout

PROPERTY WEALTH - Transforming challenges into opportunities with specialist knowledge and reach. Explore the complexities of the London property market with us—insights, advice, and connections at your fingertips.

Join the conversation! Share your thoughts and questions in the comments below.

Don't forget to follow us for the latest updates and expert advice! https://www.londonproperty.co.uk/en/link-in-bio/

#PropertyWealth #LondonProperty #RealEstate #PropertyMarket #Investment #HomeBuying #HomeSelling #PropertyAdvice #RealEstateTips #PropertyInvestment #LuxuryLiving