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(This note is not part of the Regulations)
These Regulations bring into force section 27 of the Leasehold and Freehold Reform Act 2024 (c. 22) (“the Act”) on 31st January 2025. This removes the two year qualifying period for leasehold enfranchisement and lease extension claims.
Regulation 3 makes transitional provision modifying the wording in two prescribed forms used in enfranchisement and lease extension claims in England and Wales which refer to the two year qualifying period. This applies until such time as the Schedules to the prescribed forms are replaced.
A full impact assessment has been published in relation the Act and copies can be obtained at https://publications.parliament.uk/pa/bills/cbill/58-04/0013/LeaseholdandFreeholdReformBillImpactAssessment.pdf or from the Ministry of Housing, Communities and Local Government at 2 Marsham Street, London, SW1P 4DF, United Kingdom.
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