Commonhold reform and its impact on new build developments

With renewed government focus on leasehold reform and the increasing push toward commonhold ownership, understanding how this structure affects new build developments is more important than ever.

The government’s proposals intend to re-invigorate the existing but underused commonhold regime and make it more suitable for new build flats, and acceptable to house-builders, occupiers and lenders alike. Indeed, the government launched an open consultation into banning leasehold for new flats and making commonhold the default tenure. The consultation will end on 24 April 2026.

Since it appears inevitable commonhold will have to be used on the sale of new build flats – and possibly as early as 2028 – how will this affect house builders and housing associations on their developments?

In this webinar, we’ll examine the implications of the reforms, including:

• What is commonhold?
• The government’s policy landscape.
• Commonhold in practice for new build schemes.
• Impact on new flat sales.
• Sector-wide adjustments required, including effects on:
  • land purchases;
  • golden brick schemes; and
  • turnkey developments.
• Lenders requirements.

This session is designed for all professionals involved in the development, sale, financing or long-term management of new build flats.

For more information, and to register, please contact Vicki Cozens.