How Will Leasehold Reform Affect Buy-to-Let Property Investing?

Well we do know we no longer have to pay the freeholder’s legal fees if we wish to purchase the freehold so the leasehold reform has achieved something.However it did not go far enough to cap ground rents at £250 pa so currently there are still escalating ground rents which not only remove profits and make these properties difficult to sell unless its a cash buyer. Let’s see if Starmer will put his money where his mouth is and dissolve leaseholds completely.
I agree with Ranjan that owning freehold is far more profitable than leasehold as for one thing leaseholders are duty bound by the lease to redecorate every few years regardless.Also management companies will take a fee for every piece of work they do and on smaller jobs use their own contractors with no concern for the cost. They also seem protected by their trade bodies so these areas also need addressing by government.
I will wait and see if the freeholders reduce the insurance premiums which are way higher than you would get arranging it yourself.

Purchasing shorter lease flats is a possible strategy but has the two year rule been removed by the new legislation. I thought the commentators in the video were saying there has been no change.

I don’t know why they rushed the Bill through. It was so heavily diluted as to be pretty useless. It certainly won’t improve existing leaseholders’ ability to sell.

The Tories caved to the freehold lobby. I can’t think of any other reason for such a shoddy piece of legislation. I don’t believe Labour will follow through with what it says it will do.