Petition Apply legislative measures now to enact the Law Commission's recommendations to abolish Leasehold
On 21st July 2020 all three residential leasehold and commonhold reports were published by the Law Commission (see additional details). We believe the recommendations from these reports should be immediately enacted in Welsh law without delay to protect and improve the lives of nearly 400,000 Welsh leaseholders. It has been over eight years since Scotland lead the way in removing leasehold from their housing and with this report the Senedd now has a clear mandate to apply legislative measures.
The Law Commission published three Reports in which they recommend reforms to three areas of law:
(1.) leasehold enfranchisement, which is the right for people who own property on a long lease (“leaseholders”) to buy the freehold or extend their lease
(2.) the right to manage, which is a right for leaseholders to take over the management of their building without buying the freehold
(3.) commonhold, which allows for the freehold ownership of flats, offering an alternative way of owning property which avoids the shortcomings of leasehold ownership.
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