Many of the old rules surrounding leasehold enfranchisement have changed in recent years. For example you no longer need to pass a Residency Test as you do not have to live or even intend to live at the property, nor do you have to own for a set amount of time. This has resulted in leasehold enfranchisement becoming much more common than it used to be, and has resulted in a serious dent in the potential of the Commonhold system, which some 5 years after its introduction is still struggling to get out of the starting blocks.
Labels: Leasehold Enfranchisement Commonhold
# posted by michael @ 09:04