Managing agency guru rings alarm bells about Commonhold
Summary
A property management specialist argues that replacing leasehold with Commonhold would not, by itself, resolve the underlying causes of poor resident outcomes. The article calls for stronger regulation, better governance and improved standards within the existing system rather than a wholesale tenure change.
Why it matters
Surveyors involved in leasehold, block management and residential advice may see continued policy debate around Commonhold and leasehold reform. The piece highlights that operational issues, governance and maintenance responsibilities will remain central regardless of tenure model.
Key points
- The article warns against assuming Commonhold will automatically fix management and dispute issues.
- It argues that poor behaviour and governance, rather than leasehold itself, are the main causes of problems.
- The author says existing costs and disruption of replacing leasehold may not deliver proportional benefits.
- Routine building management needs such as repairs, insurance and maintenance would still apply under Commonhold.
- The call is for improved regulation, best practice and resident outcomes within the current framework.
Organisations:
Principle Estate Management, The Property Institute, Royal Institution of Chartered Surveyors
Locations:
Scotland, England and Wales, No10
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