| Commentary

2 Flats

| Commentary

2 Flats

It is estimated that there are over 4.2 million leasehold properties in England, which equates to 18% of the English housing stock1. Flats and maisonettes that are built or converted for sale are sold on a leasehold basis2. It is generally acknowledged that the leasehold ownership of flats suffers from serious problems3, although, when responsibly used, the leasehold system can produce high quality estate management which may benefit not just a single block of flats but a wide area of a town or city as well.

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