Is Leasehold About to Change Forever?

Big changes could be coming to the way flats are owned and managed in England and Wales.

The Government's proposed reforms aim to give homeowners more control over their buildings while reducing the traditional powers of freeholders.

Some of the key proposals include:

✅ Commonhold replacing leasehold for most new flats.
✅ Ground rents being significantly reduced or removed.
✅ Greater control for residents over service charges and maintenance.
✅ Easier routes for leaseholders to manage their own buildings.
✅ More transparency and accountability in block management.

But one thing won't change...

Buildings will still need professional management.

Fire safety, health and safety, service charges, budgeting, insurance, major works and legal compliance don't disappear. They simply become the responsibility of the people who own the building.

That's where experienced managing agents become more important than ever.

At My Estate, we believe the future of block management is about working with residents, not simply working for freeholders. Whether it's Right to Manage (RTM), Resident Management Companies (RMCs), or the move towards Commonhold, we're ready to help leaseholders navigate the changes with confidence.

The property industry is evolving, and those who prepare now will be in the strongest position tomorrow.