Commonhold Reform - A Strategic Update for Residential Property Lawyers
Introduction
Commonhold is coming - are you ready for a whole new tenure system?
This 2-hour virtual classroom seminar provides a focused update on the government’s plans to legislate for a reformed Commonhold model to be adopted in both England and Wales, as revealed in their March 2025 white paper. The government has also stated that it will be publishing a Draft Leasehold and Commonhold Reform Bill in the second half of 2025 and the course content will be updated as further developments emerge.
Designed specifically for residential property lawyers (rather than managing agents or enfranchisement specialists), this session offers a highly practical update on how the law is set to change and what this is likely to mean for day-to-day conveyancing.
With Commonhold currently all but absent from the market, the reformed model will, in effect, introduce a wholly new tenure into English and Welsh law - raising important questions about risk, readiness and implementation for law firms. This course will provide you with a practical, forward-looking legal update - and ensure your firm is equipped for the Commonhold era.
What You Will Learn
This live and interactive course will cover the following:
- The government’s plans as further details emerge
- What the proposed changes to Commonhold are likely to mean in practice for residential conveyancers, particularly in the sale and purchase of flats
- The risk profile of Commonhold as a newly remodelled tenure, including:
- Advising clients on a form of ownership with little market precedent
- How firms might begin to prepare for early adoption
- Practical concerns around documentation, funding, and due diligence (including when acting for lenders)
- Key considerations for flat purchasers and their advisers
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.