The RICS Podcast RICS Legal Landscapes: What you should know about the Leasehold and Freehold Reform Act 2024 with Henrietta Hammonds FRICS, Vanessa Griffiths MRICS, Tracey Hartley MRICS, and Katie Cohen #224
This episode is part of RICS Legal Landscapes, a limited podcast series developed by the Royal Institution of Chartered Surveyors which is CPD-compliant and designed to support professional development across the surveying profession and the broader built environment.
In this CPD-focused episode of the RICS Legal Landscapes podcast, Vanessa Griffiths MRICS is joined by Tracy Hartley MRICS, Henrietta Hammonds FRICS, and Katie Cohen to unpack what the Leasehold and Freehold Reform Act 2024 (LAFRA) and related reforms really mean in practice.
The panel gives clear explanations of the new 990-year lease extensions, the removal of the two-year ownership rule, the proposed abolition of marriage value, and how these intersect with ground rent reforms and service charge transparency.
This episode of The RICS Podcast covers:
- What LAFRA really does and doesn’t do, and the limits of current implementation.
- How the Ground Rent Act 2022 and ongoing political pressure are reshaping the value and viability of ground rent–backed investments
- Service charge transparency and management challenges
- Commonhold as an alternative to leasehold, and the potential market shift if a new commonhold bill lands
- How surveyors, lawyers, and property managers should advise clients amid moving goalposts, media misinformation, and pending secondary legislation
Henrietta Hammonds FRICS
https://www.linkedin.com/in/henrietta-hammonds-07361345/
Vanessa Griffiths MRICS
https://www.linkedin.com/in/vanessa-griffiths-96415a26/
Tracey Hartley MRICS
https://www.linkedin.com/in/tracey-hartley-1752412/
Katie Cohen
https://www.linkedin.com/in/katie-cohen-956b2421/
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Royal Institution of Chartered Surveyors:
RICS Podcast Page
Kieran Halliwell