Freeholders challenge leasehold reforms in High Court | JQJO

Wealthy landowners and charities are challenging the 2024 Leasehold and Freehold Reform Act in the High Court, arguing it infringes on their human rights and causes significant financial losses. They claim the act's pricing mechanisms for lease extensions are unfair. Leaseholders, however, fear the challenge will delay vital reforms aimed at simplifying lease extensions and buying freeholds, leaving them trapped in unfair leasehold agreements. The case, expected to last until Friday, involves significant players like the Cadogan and Grosvenor groups and concerns the potential loss of millions for some freeholders, while leaseholders remain unrepresented in the legal proceedings.