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  • Written by: RSL LAW
  • Published on: May 2, 2025

RSL LAW Key Legal Wins & 2025 Property Reforms!

A picture of St James's SquareRSL LAW DID IT AGAIN!

RSL LAW legal team recently helped a client successfully extend the lease on their property, safeguarding their long-term investment and securing its future value. Our expert legal team guided the client through a complex and often challenging process, ensuring a smooth and favourable outcome.

Key Challenges

  • Strategic Negotiations with the Landlord/Freeholder:
    Lease extensions often involve difficult negotiations with the landlord or freeholder. In this case, we worked tirelessly to secure a fair premium for the extension, avoiding inflated charges. Our team’s in-depth knowledge of lease law enabled us to ensure that the terms of the agreement were advantageous to our client, ensuring a favourable and cost-effective deal.
  • Section 42 Notice & Legal Compliance:
    We expertly drafted and served the Section 42 Notice, a critical step in initiating the lease extension process. With extensive experience in property law, we ensured that all legal formalities were rigorously followed, maintaining compliance with statutory requirements throughout the entire procedure.
  • Accurate Valuation Coordination
    A fair lease extension premium is vital. To achieve this, we coordinated with professional valuers to secure an accurate and reasonable assessment. This ensured that the lease extension was negotiated at a fair price, enhancing our client’s investment and ensuring their interests were protected.
  • Land Registry Registration
    After finalising the lease extension, our team took care of all necessary legal documentation, ensuring the extension was properly registered with the Land Registry. This step was crucial in securing our client’s property rights and ensuring the extension was legally sound.
The Outcome

Thanks to our expertise, the client’s property now benefits from an extended lease, securing its long-term value and marketability. This gives them peace of mind knowing their investment is protected for the future.

2025 Leasehold & Freehold Reforms: What You Need to Know!

The Leasehold and Freehold Reform Act 2024 is shaking up property ownership in England and Wales, giving leaseholders more rights and protections. While some key changes are already in place, more are coming throughout this year.

Key Changes Implemented

  • No More Waiting- Leaseholders can now extend leases or buy their freehold immediately, without the old two-year wait.
  • Longer Leases, Zero Ground Rent- Lease extensions now last 990 years, with no ground rent, a major win for homeowners.
  • No More Leasehold Houses- Newly built houses must be freehold, preventing unfair leasehold sales.
  • Fairer Service Charges- Freeholders can no longer charge excessive insurance commissions, and leaseholders have more power to challenge unfair fees.

Key Changes Expected

  • Service Charge Reforms- More transparency and potential caps on excessive fees.
  • Commonhold Expansion- A push to replace leasehold with commonhold ownership.
  • Legal Challenges- Freeholders are challenging parts of the Act, with a court ruling expected by July 2025.

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