Leasehold Reform Act 1967

Leasehold Reform Act 1967 (c 88) is an Act of Parliament of the United Kingdom, which concerns English land law and compulsory purchase.

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The Act granted the right to long leaseholders of houses let at a low rent to buy their homes compulsorily from their landlords at a fair price.

Initially the 1967 Act applied only to homes below a certain rateable value (£400 pa in London and £200 pa elsewhere) (targeting working class homeowners).

The Act was subsequently amended numerous times to expand these rights, to homeowners having higher rateable values.

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