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The draft bill’s current proposal for a two-step process of converting to commonhold—first a collective...

Conclusion
The draft bill’s current proposal for a two-step process of converting to commonhold—first a collective enfranchisement, then a vote to convert to commonhold—presents a potential barrier to leaseholders realising its benefits. The government has said that it believes commonhold will be the preferred tenure of homeownership and that it wants to maximise uptake once its reforms are in place, so it is unclear why the ‘share of freehold’ model should remain in common use. Indeed, it is conceivable that some solicitors and practitioners could see perverse incentives to discourage leaseholders from converting to commonhold to preserve aspects of the leasehold system. (Conclusion, Paragraph 152)