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ARTICLE · 08 MARCH 2019

Reinvigorating Commonhold

Wrigleys Solicitors LLP
Wrigleys Solicitors LLP
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Wrigleys Solicitors LLP

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Suggested response for community-led housing groups on the consultation paper – submissions due by 10 March

United KingdomReal Estate and Construction

Suggested response for community-led housing groups on the consultation paper – submissions due by 10 March

The Law Commission has issued a formal consultation paper on commonhold to which you will no doubt respond "what is commonhold?". Commonhold was introduced in 2002 as an alternative to leasehold and was expected to be the next big thing. It allowed for the creation of individual freehold units, with common parts owned communally. It offers several advantages over leasehold, but the original legislation contained a number of perceived problems that meant it was never taken up in practice.

As a result, only a handful of commonhold properties have been created since 2002 and the Law Commission is looking to address the issues, or assumed issues, that prevented the largescale take-up originally envisaged. This is being done in conjunction with the work on the proposed ban on new leaseholds and the simplification of enfranchisement. It seems the government is

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