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Leasehold changes to boost house prices by £50,000
Reform of housing laws to abolish ground rents and lease charges will push up prices, experts say
21 January 2021 • 6:00am
Proposed reforms that would overhaul property law could bring windfall £50,000 house price jumps for leaseholders.
Research by consultancy Capital Economics found that Government plans to change the leasehold system would save homeowners tens of thousands of pounds and boost house prices. 
The Government reforms include plans to abolish onerous ground rents and extra charges to extend a lease after it passes 80 years, known as “marriage value”.
If these planned changes are enacted, leasehold homes sold with a short lease could rise in value, while the cost of  extending leases for existing homeowners would fall.  ....

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