Announcing the White Paper in March 2025, Matthew Pennycook, housing and planning minister, said: <em>'By taking decisive steps to reinvigorate commonhold and make it the default tenure, we will ensure that it is homeowners, not third-party landlords, who will own the buildings they live in and have a greater say in how their home is managed and the bills they pay.”</em>

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Key aspects of the proposed reformed commonhold in the White Paper include:
<ul class="custom-disc">
 	<li>Commonhold will apply to all types of developments, including mixed-use schemes. There will be flexibility for developers in constructing and selling commonhold schemes, as commonhold is thought to be well suited to new build developments.</li>
 	<li>It will be cheaper, quicker and simpler for existing leaseholders to convert to commonhold.</li>
 	<li>The commonhold unit owners will have more control over the operation of the commonhold. For example, agreeing an annual budget and having greater assurance that there will be funds for future repairs and emergency works in a reserve fund.</li>
 	<li>The threshold for changing local rules will be raised to 75% and the concept of minority protection will be extended to decisions about setting local rules.</li>
 	<li>There will be powers to replace directors of the commonhold association who do not comply with the rules of the commonhold.</li>
 	<li>Commonhold associations will be permitted to obtain a loan secured either against the common parts or against future commonhold contributions. There will be protections so that the action taken is aligned to the interests of unit owners.</li>
 	<li>It will be easier to take action against those who fail to pay their share of the commonhold’s costs, using of mediation or out of court methods of settlement.</li>
 	<li>Mortgage lenders will have protections and the solvency of commonhold association will also be protected. There will be a role for lenders as a last resort to step in and apply to a tribunal to appoint a director or replace a failing one.</li>
</ul>
While the White paper discusses the conversion of existing leasehold blocks to commonholds, more detail will be needed to understand how current owners of residential or mixed-use buildings may be required to adopt commonhold. The Government’s proposal is that the consent threshold for conversion to commonhold is 50%, mirroring that for leasehold enfranchisement.