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Despatch: Thatcher's ownership revolution isn't over episode artwork

Feb 16, 2026 8 min

Despatch: Thatcher's ownership revolution isn't over

from The Capitalist Hosted by CapX

As younger voters grow disillusioned with a housing system that denies them real control over their homes, the battle over leasehold has become a test of whether capitalism still delivers on its promises. In this essay, Harry Scoffin, founder of Free Leaseholders, argues that reforming — and ultimately replacing — leasehold with commonhold is not a left-wing cause, but the logical continuation of Thatcher’s popular capitalism. From Randolph Churchill to Margaret Thatcher, Conservatives once championed mass ownership as a bulwark against socialism. Scoffin makes the case that finishing that project could restore faith in markets, revive homeownership and prevent a new generation from turning away from the system altogether. Despatch brings you the best articles from CapX’s unrivalled daily newsletter. Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Get full access to The CapX Briefing at briefing.capx.co/subscribe

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Despatch: Thatcher's ownership revolution isn't over

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