diff --git a/CHANGELOG.md b/CHANGELOG.md
index d7ef95ac65..257ad2f655 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -18,6 +18,10 @@ To install release candidates run `[sudo] gem install cocoapods --pre`
   [Dimitris Koutsogiorgas](https://github.com/dnkoutso)
   [#3912](https://github.com/CocoaPods/CocoaPods/issues/3912)
 
+* Implicitly unlock all local dependencies when installing.  
+  [Samuel Giddins](https://github.com/segiddins)
+  [#3764](https://github.com/CocoaPods/CocoaPods/issues/3764)
+
 
 ## 0.38.2
 
@@ -3966,4 +3970,4 @@ allowing you to automate Xcode related tasks.
 [4]: https://github.com/CocoaPods/Xcodeproj
 [5]: https://github.com/tomaz/appledoc
 [6]: https://github.com/CocoaPods/CocoaPods/compare/0.5.1...0.6.0
-[7]: https://github.com/CocoaPods/CocoaPods/compare/0.3.10...0.5.0
\ No newline at end of file
+[7]: https://github.com/CocoaPods/CocoaPods/compare/0.3.10...0.5.0
diff --git a/lib/cocoapods/installer/analyzer.rb b/lib/cocoapods/installer/analyzer.rb
index 29df8273a6..487534b338 100644
--- a/lib/cocoapods/installer/analyzer.rb
+++ b/lib/cocoapods/installer/analyzer.rb
@@ -397,6 +397,7 @@ def generate_version_locking_dependencies
         else
           pods_to_update = result.podfile_state.changed + result.podfile_state.deleted
           pods_to_update += update[:pods] if update_mode == :selected
+          pods_to_update += podfile.dependencies.select(&:local?).map(&:name)
           LockingDependencyAnalyzer.generate_version_locking_dependencies(lockfile, pods_to_update)
         end
       end