Subjects - Buy/Sell a home - More food for thought - Commonhold
Traditionally in England and Wales all land ownership is either freehold or leasehold.
However in recent years the Government has invented commonhold, a third category which is particularly designed for flats and other forms of communal living type structures.
Commonhold is very new and is still in the early days and so very rarely come across in practice, but it will probably increase in popularity as times goes by, and we have the experts who can guide you all the way if you are interested in buying or creating a commonhold.