Just like buses and government slogans, it seems that Law Commission reports on the future of residential property in England and Wales come in threes. Following separate, lengthy consultations, the Law Commission has this week published its proposals for reforming leasehold enfranchisement, tenants’ statutory right to manage (“RTM”), and Commonhold ownership. It is estimated that
Tag Archives: commonhold
Commonhold: Dead duck or ugly duckling?
Tasked with reinvigorating commonhold, the Law Commission has published a consultation on its proposals to make commonhold a workable alternative to leasehold, for both existing and new homes. Dead duck? As previously blogged, commonhold was introduced in 2002 and was heralded as a new form of property ownership that would address the difficulties faced by