If every leaseholder extended their lease under the LAFRA reforms tomorrow they would, in total, pay £3.14 billion more than under the existing regime (including freeholders' detested marriage value) - Leasehold Knowledge Partnership

If every leaseholder extended their lease under the LAFRA reforms tomorrow they would, in total, pay £3.14 billion more than under the existing regime (including freeholders' detested marriage value) - Leasehold Knowledge Partnership

Acknowledgement: Craiyon By Alexander Hamilton Dr Hamilton analyses the effect of the Leasehold and Freehold Reform Act 2024 on enfranchisement, and demonstrates how leaseholders could be worse off than they are already. Dr Hamilton is an economic adviser and development economist at the UK’s FCDO, where he specialises in the economies of the Middle East and North Africa. He writes on the economics of leasehold in a private capacity. The views i…