Commonhold - does anyone really want it?

There’s been a very low expression of interest in Commonhold, despite the government pushing the new tenure as an alternative to the controversial leasehold option.

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Back in January the government announced its intention to establish a Commonhold Council, which would work towards the removal of controversial features of alternative tenures such as ground rent and marriage value.

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Among the changes announced was the establishment of the Commonhold Council to advise the government on the implementation of a reformed Commonhold system.

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However, a recent poll of members of the Association of Leasehold Enfranchisement Practitioners - conducted at the request of the Department of Levelling Up, Housing and Communities - found that 90.9 per cent of respondents had seen no increase in general Commonhold enquiries since the announcement.

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Specific enquiries on the subject have seen an even smaller rise, with only 3.6 per cent of the respondents reporting an increase of this type.

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A further poll of ALEP members conducted last month revealed scepticism as to whether the proposed reforms will make it into law. Only one third of respondents were confident that the government will actually bring forward the reforms.  

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