Freeholders begin High Court challenge over reforms
A group of landowners has initiated a High Court challenge against the government's proposed reforms to the freehold and leasehold property ownership systems in the UK. The reforms aim to address perceived imbalances and unfair practices, such as excessive ground rents and unreasonable charges. However, the landowners argue that the proposed changes would undermine their property rights and negatively impact the broader real estate market. The challenge is being led by the Leasehold Knowledge Partnership, a non-profit organization that represents the interests of leaseholders. The outcome of this legal battle could have significant implications for the future of property ownership in the UK, as the government seeks to create a more equitable and transparent system for both freeholders and leaseholders.
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