Valuing Freehold vs Leasehold Reforms in 2026: Surveyor Adjustments Post-Latest Legislation Changes
The Leasehold and Freehold Reform Act 2024 has triggered the most significant recalibration of property valuation methodologies in England and Wales since the 1993 Leasehold Reform Act. With marriage value abolished, 990-year extensions now standard, and ground rent caps implemented, chartered surveyors face unprecedented challenges in adapting RICS Red Book valuation frameworks to reflect these […]
