Developers need a nudge in the right direction
Fetherstonhaugh, Guy
Developers need a nudge in the right direction - 2007 - Estates Gazette (0742) 20 October 2007, 292(1) .
Considers why the market has failed to embrace commonhold developments, despite government extolling its virtues and stating that commonhold would become standard for new-build developments consisting of interdependent units and common parts. Suggests the slow take-up of commonhold is due to a lack of interest in the marketplace, with purchasers, sellers and housebuilders reluctant to stray from leasehold and freehold. Concludes that commonhold will only take off if government markets it as a superior ownership vehicle, makes the legislation more transparent, and requires new public sector housing to be commonhold.
England and Wales--1543-
Developers need a nudge in the right direction - 2007 - Estates Gazette (0742) 20 October 2007, 292(1) .
Considers why the market has failed to embrace commonhold developments, despite government extolling its virtues and stating that commonhold would become standard for new-build developments consisting of interdependent units and common parts. Suggests the slow take-up of commonhold is due to a lack of interest in the marketplace, with purchasers, sellers and housebuilders reluctant to stray from leasehold and freehold. Concludes that commonhold will only take off if government markets it as a superior ownership vehicle, makes the legislation more transparent, and requires new public sector housing to be commonhold.
England and Wales--1543-