New leasehold law approved

Royal Assent has been given to the Leasehold Reform (Amendment) Act 2014, and the Bill will come into force on 13 May.

Under the new legislation, instead of having to get the personal signatures of lessees for Initial Notices in collective enfranchisement claims or for s42 notices for lease extensions, the signature of a duly authorised person – such as a solicitor or attorney – will suffice to replace that of the lessees concerned.