The Leasehold & Freehold Reform Act - Key Changes to Service Charges

Introduction

Aspects of landlord and tenant laws changed significantly following introduction of the Leasehold and Freehold Reform Act 2024 on 24 May 2024. Whilst the Act has yet, for the most part, to formally commence, there is a substantial amount in the legislation which landlord and tenant litigators will need to adapt to.

The Act brings with it substantial changes to the service charge regime. This session will take a look at the key changes, including the impact on legal costs.

What You Will Learn

This live and interactive course will cover the following:

• Key features of the Act
• Next steps for the Act
• New disclosure rights
• New insurance obligations
• New administration charges
• New year end report
• New year end service charge accounting obligations
• Updating key documents: terms of business and costs transparency
• New types of disputes
• Legal costs recovery
• Acting for landlords
• Acting for leaseholders

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.