The Law Commission today has published three reports and announcements of reforms to the leasehold sector.

Amongst other reforms, the report focuses on removing the gap between leaseholders of Houses and Flats, alongside recommending that “on a lease extension claim, an additional 990 years should be added to the remaining term of the existing lease” instead of the current 90 years.

Mike Amesbury MP, Shadow Housing and Planning Minister, commenting said:

“This report is another reminder of the Government’s failure to reform the long-running scandal of leasehold.

“Despite numerous Government press releases and other announcements over the years, there is still no sign of real change for 4.5 million homebuyers locked into unfair feudal leasehold contracts that should have been consigned to the history books long ago.

“Homebuyers don’t need another consultation, they need action: the Government needs to come forward with legislation and finally end this medieval injustice.”