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Freeholders Commonhold

Commonhold is a new form of land tenure introduced by the Commonhold and Leasehold Reform Act 2002.
It is a way of owning flats or other structures which are built above or below each other as a freehold unit without the need to grant long leases.

A Commonhold company is set up which owns the freehold interest in the common parts and structure of the building and the unit holders own an interest in the company and also a commonhold unit in the property.

The legal relationship between the adjacent property owners is governed by the Commonhold Community Statement, which governs the legal obligations relating to maintenance and repair of the property. Whilst Commonhold was introduced by the Commonhold Leasehold Reform Act 2002, it has proved unpopular with developers and is not frequently encountered in practice.

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  • Friday 7 August 2020

    ALEP is pleased to work in partnership with other enfranchisement associations and our sponsors, helping us all del… https://t.co/fFyCawCE7K

  • Friday 7 August 2020

    We are really excited to announce that we will be bringing you a week full of online content from 12-15 October 202… https://t.co/Q9cfagFFjE

  • Thursday 6 August 2020

    Those with a subscription to @thetimes will be able to read this article by ALEP committee member Eleanor Murray of… https://t.co/qhBs59xzBR

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