When did residential leasehold ownership of flats begin to rise significantly?

The rise of residential leasehold ownership of flats became particularly significant after World War II. Following the war, there was a surge in demand for housing due to a combination of factors, including a growing population, returning servicemen seeking accommodation, and changes in social policy that encouraged home ownership.

The post-war period also saw the implementation of various government initiatives aimed at increasing the available housing stock. This period marked a shift in the real estate landscape, where the concept of leasehold ownership became a more viable option for many individuals, particularly in urban areas where space was at a premium. The rise in residential leasehold ownership was facilitated by the construction of high-rise flats and developments, which were often sold on a leasehold basis.

While leasehold ownership has historical roots that predate World War II, the most significant increase in its prevalence occurred in the years following the conflict, making it a pivotal moment in the history of residential housing in the UK.