Commitment to the Leasehold and Freehold Reform Act 2024

The Leasehold and Freehold Reform Act 2024 was passed on 24 May 2024, establishing an immediate ban on most new leasehold houses. So far, 13 sections of the act have been enforced.

Future developments

Matthew Pennycook MP outlined in a House of Commons debate that the UK Government will move quickly to enact the remaining Law Commission recommendations regarding:

  • Enfranchisement
  • Unregulated and unaffordable ground rents
  • A new legal framework for commonhold
  • Ban on the sale of new leasehold flats

We welcome this commitment but understand that implementing the recommendations will be complex and require secondary legislation to outline finer details. We will continue campaigning for greater transparency around timescales and provide an update to members when we know more.

Piles of coins leading up to model house
16 Jul 2026
Unsafe cladding linked to higher insurance rates in new government survey

New research covering more than 2,000 buildings in remediation programmes in England and Wales shows that insurance rates remain higher where flammable cladding or other external defects are present. The findings reinforce our call for faster remediation, transparent pricing, and premiums that respond when building risks are reduced.

Leasehold research

For almost a decade, Propertymark has been documenting the impact of leasehold on homeowners and the property market. Through a series of research reports, we have tracked the progress of reform, examined the experiences of leaseholders and property professionals, and highlighted the barriers that continue to affect the buying, selling and management of leasehold homes.

Leasehold: Still a life sentence?

Our latest report, Leasehold: Still a life sentence?, shows that despite legislative change, many leaseholders remain trapped by rising costs, complex lease terms and significant barriers to selling their homes.

Key leaseholder findings

93%

of leaseholders surveyed would not buy a leasehold property again


86%

of leaseholders saw an increase in service charge in the past 24 months


89%

of leaseholders say it is difficult to challende unfair service charges


Key estate agent findings

Less than

1%

of estate agents reported selling a leasehold property has become easier in the past 24 months


Over the past 24 months, over

78%

of estate agents have taken at least one leasehold property off the market due to it being unsellable


Approximately

74%

of estate agents reported onerous service charges as the main challenge to selling leasehold flats


Read our leasehold research

Leasehold, still a life sentence.jpg
15 Jul 2026
Leasehold: still a life sentence?

Despite legislative progress, leaseholders remain trapped by rising costs, complex rules, and an uncertain market. Based on evidence from Propertymark members and leaseholders, this report sets out why we continue to campaign for reform to go further and faster.

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06 Jul 2023
Leasehold and Freehold Reform: what has changed?

The Labour Government has committed to driving forward the enforcement of the Leasehold and Freehold Reform Act 2024. This research, produced in 2023, highlights the ongoing issues and sentiments of Propertymark Member agents and is still prevalent in our campaign to drive change.

Leasehold A Life Sentence.jpg
07 Sep 2018
Leasehold: A Life Sentence?

Thousands of homeowners are stuck in leasehold houses they cannot afford to continue living in and cannot sell. We surveyed over 1,000 people who bought a leasehold house to explore the extent of the scandal which has left thousands of Brits trapped in leases with third parties.


Property agents play a key role in supporting home buyers and sellers, so it is positive to see that consumer awareness about leasehold information has increased. However, increasing awareness is only one piece of the puzzle.

Policymakers must do more to create a level playing field with those who already own a leasehold property, make enfranchisement easier, simplify the process for lease extensions and where there is no managing agent, freeholders must sign up to a redress scheme.

Furthermore, as with sales, lettings and managing agents, for developers, there are no minimum standards to work in the sector and there are no statutory rules to ensure those buying and selling leasehold property are suitably qualified. As highlighted by the findings in our report a whole sector approach is needed to further protect consumers and bring about positive change for leaseholders.

Timothy Douglas Serious
Timothy Douglas Head of Policy and Campaigns | Propertymark

Leasehold training and resources

Download our leasehold FAQs (members only) or attend a training course to further understand leasehold legislation and what you need to do.

Propertymark's Understanding leasehold research
Understanding leasehold

This guide provides Propertymark estate agents with best practice on helping people buy and sell leasehold property. Estate agents have a level of responsibility under the Digital Markets, Competition and Consumers Act to pass on all material information in respect of a lease.

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FAQs: Leasehold Reform (Ground Rent) Act 2022

The Leasehold Reform (Ground Rent) Act 2022 restricts ground rents on newly created long residential leases for single dwellings such as a flat or house to a token one peppercorn per year, effectively restricting ground rents to zero financial value.

Apartments
Understanding leasehold block management

Get to grips with leasehold block management in this beginner-friendly course.

Campaign successes

Over our years of campaigning to address the leasehold scandal, we have seen some legislative wins for leaseholders.

Campaigning from Propertymark helped lead to the introduction of the Leasehold Reform (Ground Rent) Act in June 2022, ending ground rent for most new long residential leases granted for properties in England and Wales.

In 2018, Propertymark provided evidence to the House of Common’s Housing, Communities and Local Government Committee’s Leasehold reform inquiry and the UK Government’s consultation on making the leasehold market fairer. We were a member of the Welsh Government’s Task and Finish Group set up to reform the leasehold sector. Its report which identified failings in the leasehold system was released in July 2019.

In 2021, Propertymark’s research as published in our Leasehold: A Life Sentence report was quoted in Parliament by Baroness Andrews during Second Reading of the Leasehold Reform (Ground Rent) Bill to highlight issues around ground rents and unreasonable service charges.

New build estate looking at houses with balconies
27 Jun 2022
Leasehold changes take effect

The Leasehold Reform (Ground Rent) Act 2022 takes effect on 30 June 2022, ending ground rent for most new long residential leases granted for properties in England and Wales.


 

After lobby for its introduction as part of our work on leasehold issues, the UK Government introduced a New Homes Ombudsman via the Building Safety Act 2022.

Propertymark put forward proposals for an ombudsman scheme for purchasers of new build homes and for all new house builders sign up to the Consumer Code for Home Builders in our research, Leasehold: A Life Sentence.

We also outlined our concerns and put our proposals forward to the House of Commons Housing Communities and Local Government Committee inquiry into leasehold reform and the UK Government’s call for evidence into improving the home buying and selling process.

Bringing new homes under the scope of an ombudsman allows for a level playing field across the entire house buying process and will ensure the selling activities that developers are engaging in are of a consistently high standard.

Housing estate being built
10 Oct 2022
Ombudsman Service launches with Code for housing developers

Barratt, Taylor Wimpey, Redrow and Bellway are among 100 firms signed up to a new Code of Practice, following the launch of a new Ombudsman Service. The Code has been developed in response to growing pressure surrounding complaints from owners of new build housing that issues fail to be resolved effectively.