Housing has historically been effected by “unfair practices in the leasehold market”.
To what extent do you consider that legislation can or has offered solutions to these perceived problems? Could the common hold scheme of ownership address any of the Government’s concerns?
In preparing your report you need to:
1. Identify the problems with the existing leasehold regime for residential leasehold houses.
2. Analise the extent to which legislation has or could successfully address these problems and whether non-legislative steps might also assist.
3. Provide a brief description of how the common hold form of land ownership operates in our jurisdiction.
4. Discuss the pros and cons of the common hold form of land ownership in addressing the problems you have identified with the existing leasehold regime.
