Leasehold Reform Act 1979 (1979 c 44)

The Leasehold Reform Act 1979 provided a framework for long leaseholders in England and Wales to purchase the freehold of their properties, a process known as enfranchisement. It aimed to extend rights granted under the Leasehold Reform Act 1967, addressing ongoing concerns regarding the balance of power between landlords and leaseholders. Key highlights include stipulations for determining the purchase price and the valuation procedure, as well as the criteria for eligibility. This legislation represented a significant development in property law, enhancing security and autonomy for residential leaseholders.

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Leasehold Reform Act 1979 (1979 c 44)

The Leasehold Reform Act 1979 provided a framework for long leaseholders in England and Wales to purchase the freehold of their properties, a process known as enfranchisement. It aimed to extend rights granted under the Leasehold Reform Act 1967, addressing ongoing concerns regarding the balance of power between landlords and leaseholders. Key highlights include stipulations for determining the purchase price and the valuation procedure, as well as the criteria for eligibility. This legislation represented a significant development in property law, enhancing security and autonomy for residential leaseholders.

Quick and comprehensive access to the most accurate, up-to-date legislation.

LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.

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Leasehold Reform Act 1979 (1979 c 44)

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