Clear governance, defined safety responsibilities and better-informed homeowners will all be essential to ensuring that commonhold can operate effectively.
Browsing: commonhold
Transparency over ground rents, valuation reform and the unresolved technical flaws affecting implementation of the Leasehold & Freehold Reform Act 2024 remain priorities
The Government introduced its draft Commonhold and Leasehold Reform Bill (CLRB) to Parliament in late January, signalling a significant moment for leasehold reform.
The government has published the Commonhold and Leasehold Reform Bill in draft, for pre-legislative scrutiny by the Housing, Communities and Local Government Select Committee.
In this article we will explore what commonhold is, why it is back in conversation, how any changes may roll out.
The Government has published its Commonhold White Paper, outlining plans to transform property ownership in England and Wales.
Future legislation is expected to pave the way for widespread adoption of commonhold, offering greater autonomy and fairness for property owners.
Following the rushed Royal Assent of the Leasehold and Freehold Reform Act 2024, further controversy has arisen.
An increasingly popular option for leaseholders who want more control over the terms of their lease, their property, and how it is managed.
ALEP said a government report into homeowners’ attitudes to commonhold clearly shows the intended direction of travel for leasehold reform.