Leasehold and Freehold Reform Act 2024

Parts of the Act come into force on dates set by regulations, so it matters which parts are live.

In force (as at October 2026)

• Right to manage, from 3 March 2025: buildings can have up to 50% non-residential floor space (up from 25%), and RTM companies are generally no longer liable for the landlord's costs of a claim.
• Lease extensions, from 31 January 2025: leaseholders no longer have to wait two years after buying before they can claim a lease extension.

Not yet in force

• Service-charge transparency: prescribed demand forms, an annual report to leaseholders, accounts reported on by a qualified accountant for buildings of four or more flats, and wider rights to information.
• Insurance: limits on commissions, and more information for leaseholders.
• Legal costs: new limits on recovering litigation costs through the service charge.
• Most of the changes to buying the freehold and extending leases, including how the price is calculated.

On 15 July 2026, the government said the service-charge rules would be made "later this year" with 12 months' notice, so blocks should expect changes during 2027. RTM companies and residents' management companies count as landlords for these rules.