Commonhold Default Risk

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Mark Wilson – Director of Myleasehold and a member of ALEP (Association of Leasehold Enfranchisement Practitioners) discusses the Commonhold Default Risk as well as Market Confidence and the Management Reality. I have previously addressed the fact that commonhold, while well-intentioned, could reduce flat values and increase ownership costs. But that’s […]

Government Plans Leasehold Property Ban

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Leasehold on new build homes is to be outlawed under newly proposed government plans whilst ground rents could be dramatically reduced subject to a public consultation. Currently leaseholders can cripple home owners with surging rents making their property difficult to manage and sell with uncertainty to what the freeholders can […]