The new dawn that didn’t happen
Here is the full list of commonhold developments in England and Wales.
The Commonhold and Leasehold Reform Act 2002 was supposed to see a new dawn of commonhold building and the end of new leasehold creation.
But the boom did for that as investors piled into inner city flats and did not care less about the tenure of the properties, or think about how freeholders and managing agents could leg them over big time in the future.
Property was soaring in value and nothing beats bricks and mortar for investment, does it?
Of course, many investors have long since gone bust as city centre flats outside London have plummeted in value – down by 50 per cent in places such as Leeds and Manchester.
In the North West, 75 per cent of flats are owned by investors – or banks. Or, in the case of thousands of repossessed Irish property punters, the Irish National Asset Management Agency. Great swathes of our cities are owned by this organisation.
Any information about the following residential commonhold properties gratefully received:
1/ 70 Northern Grove, Didsbury. Built 2005. Three units.
2/ 23-27 Victoria Road, Darlington. 2005. Nine units.
3/ Rookery Corner, Damory Street, Blandford Forum. 2005. 14 units.
4/ Pithers Court, North Street Crewkerne. 2005. 22 units.
5/ Grove Court Mews, Pembroke. 2005. 24 units.
6/ Lazy Days Caravan Park, Minster on Sea. Non-residential (meaning cannot be permanent homes). 2005. 30 units.
7/ 11 St Peter’s Road, Sheringham. 2005. Three units.
8/ 12 Westbourne Park Road, Bournemouth. 2006. Four units.
9/ 34 Church Road, Leyland. 2006. Six units.
10/ Middlewood Road, Poynton. 2007. Four units.
11/ 205 Sandgate Road, Folkestone. 2007. Ten units.
12/ 78 High Street, Swinderby. 2007. Three units.
13/ Spire View, Pickering. 2008. 15 units.
14/ 69 Hamilton Terrace, London NW8. 2008. Four units.
15/ 228 Mina Road, Bristol. 2009. Six units.