Commonhold is a method of property ownership introduced by the Commonhold and Leasehold Reform Act 2002. It is a system of freehold tenure for flats or other units within a multi-occupancy building which provides for shared responsibility for common services.
Very few Commonhold blocks currently exist but the Government hopes to reinvigorate this form of tenure by reforming the law.
Members of Tanfield are at the forefront of the debate for reform and regularly contribute creative and practical advice on making Commonhold a more attractive option. Tanfield can advise on how to set up and run a Commonhold block and how to deal with any disputes which might arise.
In particular, barristers at Tanfield draw on the set’s noted standing for Residential and Commercial Landlord & Tenant work, Enfranchisement, Lease Extensions, Service Charges, Social Housing and the Renewal and Termination of Tenancies.
Tanfield’s clients include small landowners, landlords and tenants, as well as property developers, commercial organisations, leading Real Property law firms and Local Authorities.