Legislation – Leasehold and Freehold Reform Act 2024
Changes to legislation:
There are currently no known outstanding effects for the Leasehold and Freehold Reform Act 2024, Section 15.![]()
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Part 1Leasehold houses
Redress
15Redress: general provision
(1)
A lease to which section 13 applies is not as a result of any right to acquire—
(a)
registrable under the Land Charges Act 1972, or
(b)
to be taken to be an estate contract within the meaning of that Act.
(2)
An agreement relating to a long residential lease of a house (whether or not contained in the instrument creating the lease or made before the grant of the lease) is of no effect to the extent that it makes provision—
(a)
excluding or modifying the right to acquire, or
(b)
providing for the surrender or termination of the lease, or for the imposition of any penalty, in the event of the rights holder taking steps to exercise the right to acquire.
(3)
Subsection (2) does not prevent a tenant under a long residential lease of a house from—
(a)
surrendering the lease,
(b)
terminating the lease, or
(c)
entering into an agreement to acquire the freehold estate in the land comprised in the lease, or any superior leasehold estate or estates in that land, other than by way of exercising the right to acquire.
(4)
The right to acquire in relation to a long residential lease of a house is not capable of subsisting apart from the lease.
(5)
In this section, “rights holder” has the meaning given by section 13.