How a Regulated System of Leasehold can be the Benchmark for Property Ownership
A recent article in News on the Block called for a ban to leasehold. The system was described as ‘feudal’; not fit for purpose. In response, Mick Platt, CEO of the Wallace Partnership Group, has highlighted the benefits of a properly regulated leasehold...
The Security of a Leasehold Structure for Lenders and Consumers
The Law Commission’s latest proposals represent a significant push towards the adoption of a commonhold model. But the most intriguing development was not the contents of its report, but the letter that was sent to lenders after the main report was published. Read the...
The Cladding Crisis – Action is Needed
“The government must listen to – and work with – the industry to end three years of financial stress for leaseholders and ensure the protection of thousands of residents across the country. The select committee has clearly understood the scale of the challenge...
Rebalancing the Relationship Between Freeholder and Leaseholder
The report, Rebalancing the relationship between freeholder and leaseholder, is informed by independent research conducted by Savanta examining how residents would feel about taking on the new building safety obligations proposed in the Government’s draft Building...