Commonhold Reform: What the Draft Bill Means in Practice
In this article we are taking a look at the Commonhold Reform Draft Bill – what the draft legislation proposes, what may change, and what it could mean for freeholders, Residential Management Companies (RMCs), Right to Manage (RTM) companies, developers and leaseholders alike. The Bill is extensive and technical, but its direction of travel is clear: a long-term structural shift away from traditional leasehold flats and towards a reworked and strengthened commonhold model.