"The Regret of Leasehold Flats: A Cautionary Tale"
Originally Published 1 year ago — by BBC.com
Leasehold property owners in the UK, like Liz Winstanley and Anna, are facing challenges with poor communication, inadequate repairs, and unjustified service charges. The government is debating the Leasehold and Freehold (Reform) Bill to address these issues, aiming to provide greater transparency for service charges and make new leases a standard 990 years. However, campaigners argue that the proposed reforms don't go far enough and call for the complete abolition of the leasehold system in favor of commonhold, giving flat owners more control over their buildings.