Latest updates from the Law Commission report.
In this recent article , we discussed the recent
Law Commission report outlining their recommendations for a change
to the law on leasehold enfranchisement. At the same time,
the Law Commission also published their report on
‘Reinvigorating commonhold'.
As with the Law Commission's work on leasehold
enfranchisement, we have also had substantial interaction with the
cross-party parliamentary commission looking at commonhold and have
fed in to the Law Commission's initial consultation.
Commonhold is a novel legal structure, outside the usual
concepts of freehold and leasehold, which has been little used
since it was first launched because of perceived difficulties with
the structure. One of these difficulties is that, under the
current law, commonhold owners cannot grant residential leases for
a term of longer than 7 years. In this report, the Law
Commission recommended that shared ownership leases should
