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hi it seems that one of my recent newsletters has caused a little bit of confusion out there one of my customers jess got in contact and said how is this leasehold reform bill going to affect lease extension so theyre going to be cheaper theyre going to be more expensive is there going to be a bargain well the newsletters i sent out referred to the leasehold reform brackets ground rents close brackets act 2022 and that act is going to abolish ground rent for all new leases and for lease extensions now statutory lease extensions already had a zero ground rent so no change there but in terms of detail here the act means that on lease extensions there will not be ground rent for the extension period of a lease but there could be the existing ground rent for the existing term of the lease now it may be that the freeholder is willing to change that situation and have no ground rent from now on that would be a matter for agreement um but its not affected by the ground rent act thats jus