Commonhold

(asked on 11th May 2023) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Levelling Up, Housing and Communities, what recent assessment he has made of the potential merits of providing additional support for commonhold ownership of property.


This question was answered on 19th May 2023

As set out previously, the Government remains committed to spreading the benefits of freehold ownership and to establishing commonhold for owners of flats.

We have established the Commonhold Council - a partnership of industry, leaseholders and Government - to help prepare consumers and the market for the widespread take-up of commonhold.

We also asked the Law Commission to make recommendations on how to invigorate the legal framework for commonhold. We are reviewing their proposals and will respond in due course.

We have already ended ground rents for most new residential leases, and have announced that we will make it easier and cheaper for leaseholders to extend their lease or buy their freehold.

Details of our future legislative approach will be set out in the usual way.

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