What will happen now for current pipeline leases extensions?Make Text Bigger
Now with the announcement today of increasing the lease to 990 years at zero ground rent and abolition of Marriage Value which may take a year or two to become law.
What will happen now for leases extensions that have been agreed or in process of completion presumably many leaseholders will delay the extension or purchase of the freehold apart from those that need to sell the property?
Perhaps the leaseholder will go back to the freeholder and demand a reduction?
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