Leasehold System Needs Reform, says House of Commons Committee

house-of-commons
The Housing, Communities and Local Government Committee has made suggestions to the government about how best to change the much maligned leasehold system to combat a rising wave of anger at expensive and unnecessary service costs, onerous ground rents and 'toxic leases'. The Committee met with 50 leasehold owners to discuss various concerns t...
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Commonhold Ownership - Proposed Changes by the Law Commission

Commonhold Ownership - Proposed Changes
The Law Commission has been holding consultations with professionals on the proposed changes to the commonhold conversion process and the commonhold structure. We look at the key proposed changes and what it will mean going forward. For a breakdown of what commonhold ownership is please read our  previous article on commonhold ownership ....
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1308 Hits

Commonhold Ownership - The Basics

Commonhold Ownership - The basics
All property in England and Wales is owned on either a freehold basis or a leasehold basis. Flats are almost universally sold as leasehold property. In 2002 commonhold was introduced to enable the freehold ownership of flats. However, since 2002 fewer than 20 commonholds have been created. So what exactly is it? Freehold is ownership that...
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1549 Hits

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