HISTORY
Lexham Gardens
The history of Enfranchisement is enshrined in the following Acts.
Leasehold Reform Act 1967
Leaseholders of houses granted the right to acquire either the freehold or 50 year lease extension.
Landlord and Tenant Act 1987
Obliged Landlords disposing of their interest to offer it first to tenants, and gave tenants rights to acquire in the event of default in the landlords management obligations.
The Leasehold Reform, Housing & Urban Development Act 1993:
The Housing Act 1996
Minor modifications to the above.
Commonhold & Leasehold Reform Act 2002
In force from July 2002 and May 2003 (deferred). This Act made it substantially easier for tenants to enfranchise, not least by abolishing the residency test, and is likely to lead to profound changes in the existing system of leasehold ownership.