05/05/2026
Should you wait for leasehold reform before extending your lease?
A recent government update has confirmed that key changes, including the abolition of marriage value and reforms to ground rent may still be some way off, with growing expectation that they won’t take effect until closer to 2029.
While reform is still on the agenda, there are real uncertainties around timing, legal challenges, and how these changes will actually be implemented.
In this blog, we explain:
✔ What’s been confirmed
✔ What’s still uncertain
✔ What it means if you’re thinking about extending your lease
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On 29th April 2026, Housing and Planning Minister Matthew Pennycook delivered a keynote speech at the Institute for Government, offering a candid update on the Government’s progress toward leasehold reform. The speech was keenly watched for many looking for updates on when marriage value will be a...