Commonhold

(asked on 26th June 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, whether he has made an assessment of the potential merits of bringing forward legislative proposals to replace leasehold for property owners with commonhold.


This question was answered on 4th July 2023

The Government wishes to extend the benefits of freehold ownership to more homeowners.

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

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

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