Leasehold and commonhold reform

This paper considers trends in leasehold ownership, ongoing problems associated with the sector, and Government plans for reform. The 2017 Government committed to legislate in this area “as soon as Parliamentary time allows”. The Conservative Manifesto 2019 contained a pledge to “continue with our reforms to leasehold.” There is an intention to legislate in the forthcoming Parliamentary Session to set future ground rents to zero as the first part of “seminal two-part reforming legislation in this Parliament”. The paper includes analysis of leasehold transaction data, including constituency statistics.