Described by the government as “part of the most significant changes to property law in a generation”, the Leasehold Reform (Ground Rent) Act 2022 came into force as of 30 June 2022.

There is one major and hidden flaw with the legislation: it will only apply to future leaseholds. We foresee a negative and far-reaching impact for existing leaseholders. The whole conveyancing industry is on the firing line.

Some of the questions to be addressed during this 40 minute webinar include:

• How will lenders react to existing leaseholds?
• What changes to the UK Finance Handbook are we already seeing in light of the act?
• Are we facing a two-tiered leasehold system?
• What documents do firms need to update in light of the new legislation?
• Is the die already cast for existing leasehold clients? What steps can you take?