Beginning of the end for the leasehold system
Posted 03.03.25
GOV.UK: Further reading
The government has published the Commonhold White Paper, which aims to introduce a radical improvement on leasehold ownership.
Under major plans to bring the leasehold system to an end, homeowners will have a stake in the ownership of their buildings from day one. They will also not have to pay ground rent and will gain control over how their buildings are run.
Commonhold-type models are used all over the world. It can and does work and the government is proposing that, through both new commonhold developments and by making conversion to commonhold easier, to see it take root in the UK.
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