On the demise of the leasehold portfolio
Recent consultations and proposed reforms are likely to have a significant impact on investment decisions around what used to be an attractive asset class for institutional investors and pension funds, notes William Bethune...
William Bethune is an associate in Trowers & Hamlins' Property Litigation department which he joined in 2014 having previously worked and trained in the West End. He specialises in Leasehold Enfranchisement and acts for both landlords and tenants advising on statutory and non-statutory lease extensions and freehold purchases, right to manage applications, right of first refusal and residential leases.
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With a raft of legislatory changes looming in the months ahead, it's likely that more landlords will decide to jump ship and sell up, writes Joanne Young...
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A year after the pandemic struck, Savills is "optimistic" about the outlook for Britain's prime property markets...
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