Commonhold

The government's decision not to go ahead with the service charge accounting regulations under the Commonhold and Leasehold Reform Act 2002 will come as a bitter blow to many leasehold owners. The Commonhold and Leasehold Reform Act 2002 originally provided that lessees' money was to be held in...

The Campaign for the Abolition of Residential Leasehold has revised it’s objectives are as follows : "1. Make commonhold compulsory for all new developments of blocks of flats. Since commonhold – a much fairer system of tenure than leasehold – is now available, there is no...

Commonhold HIPs explained by the UK's leading HIP and Conveyancing provider.

The method by which property is owned. There are 3 types of tenure:    freehold, leasehold and...

A new form of tenure created by the Commonhold and Leasehold Reform Act 2002. Commonhold allows for the freehold ownership of the individual flats within a block and shared ownership of the common...

In the last few days Alliance and Leicester have just announced that they will no longer be prepared to lend on commonhold title. This represents yet another body blow to this form of title that has simply not been accepted let alone promoted by developers, lenders and conveyancing lawyers alike...