Rentcharges: Reforms in The Leasehold and Freehold Reform Act 2024, PLUS Other Key Issues — for Conveyancers
Rentcharges (especially estate rentcharges) are causing a range of problems for many freeholders, such as reportedly high costs, lack of transparency, and impact on reselling a property. Moreover, some lenders have very specific Part 2 requirements about rentcharges, which adds to the duties imposed on residential conveyancers acting on properties subject to such a charge. […]