The Leasehold and Freehold Reform Act 2024 (“the Act”) introduces several significant changes affecting enfranchisement, making it easier and more cost-effective for residential leaseholders to extend their leases or purchase the freehold of their properties. The key impacts on enfranchisement are set out in this article.
A flying freehold has no relationship to a flying fortress (a US Boeing engined heavy bomber developed in the 1930’s) but is an English legal term to describe a freehold which overhangs (or underlies) another freehold. There is a counterpart situation known as a creeping freehold, for example, a basement or cellar belonging to one freehold underlies a different freehold at ground level.
We are delighted to share that Honey Dave has been appointed Partner. Honey qualified as a Licensed Conveyancer in 2009, and is proficient in dealing with both residential and commercial transactions. Having joined Laytons in 2021, we are excited to see what Honey achieves as she progresses into her new position!
