Leasehold Knowledge Partnership

Secretariat of the All Party Parliamentary Group on leasehold reform

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During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Court of Appeal to hear Mundy case which will save millions on lease extensions

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The Court of Appeal has granted permission for an appeal to be heard in the case of Mundy v The Trustees of the Sloane Stanley Estate. The Mundy case should interest every leaseholder and especially those with leases under 80 years, as if the Mundy decision is not overturned millions of people will have thousands […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

‘Reverse the Mundy case on lease valuations by statute if necessary’

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Sir Peter Bottomley said: I interrupt myself now to say that I was going speak for a long section on hedonic regression and Sloane Stanley Estate v. Mundy. As part of that case, Wellcome Trust interests managed to persuade an upper property tribunal of two people to make a change in the valuation of short […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

ConservativeHome website calls for radical reform of leasehold

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Christopher Howarth: It’s time to end the great leasehold service charge rip-off Christopher Howarth is a senior researcher working in the House of Commons. Prior to this he worked for Open Europe, as a Conservative Foreign Affairs Adviser and senior researcher to a Shadow Europe Minister. Prior to 1993, the owners of flats had virtually […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Guardian says: It’s time to send the feudal leasehold system crashing. Amen, to that

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We have to end the horror of this feudal leasehold system The entire parasitic structure of leasehold in England and Wales is, finally, beginning to wobble – and with a bit more prodding we could see it crash. The long campaign led by Sebastian O’Kelly at the Leasehold Knowledge Partnership has had its first success, […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HEREDuring the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

‘No other law so blatantly allows the wealthiest to rip off those less so,’ says the Sunday Times of leasehold

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The Sunday Times returned to considering leasehold yesterday and made its most damning assessment yet. The a powerful article by columnist Martina Lees considered the case of Lisa and Ray Chapple, aged 34 and 35, living in a terraced house bought off-plan seven years agon. With £250pa ground rents courtesy of Taylor Wimpey they will […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Parthenia Valuations

James Wyatt FRICS Parthenia 45 Pont Street London SW1X 0BD DDI: 0203 397 5500 Email: jwyatt@parthenia.co.uk Website: www.parthenia.co.uk James Wyatt, of Parthenia, is mounting a legal challenge to the valuation methodology of lease extensions, which he asserts is unfair to leaseholders. The issue, which has considerable cost implications for perhaps 2 million leaseholders with short leases, […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

‘If I fail to offend anyone, I will do it next time,’ Bottomley tells appalled LEASE annual conference

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Leasehold sector insiders were aghast at the address given by Sir Peter Bottomley on Wednesday at the Leasehold Advisory Service “annual conference”. The event was packed with surveyors, valuers, lawyers and property managing agents paying £350 a head to attend what has until now been the most important trade show of the sector. Earlier housing […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Housebuilders ‘pimp their profits’ by selling freeholds, says Financial Times columnist

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Another page on leasehold in the Financial Times last Saturday, and it is not good reading for the developers, freehold investors and leasehold sector hangers-on. It can be read here  Merryn Somerset Webb, the newspapers investment columnist, looks at this form of tenure and blows loud raspberry. It is the kind of article that the […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Well, goodbye 2016

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2016 has been a very busy year for LKP. We have seen the largest number of articles on the site, the largest number of articles in the national press and the largest number of TV / radio interviews. It has turned out to be one of the most important years for leaseholders, managing agents and […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Commons leasehold debate. December 20 2016

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The Commons debate on leasehold reform took place after the intervention of LKP patrons Jim Fitzpatrick and Sir Peter Bottomley. The debate can be seen here: http://www.parliamentlive.tv/Event/Index/fc53bd87-8abf-4986-b7ce-6a7a488b8cfc The debate can be read here: https://hansard.parliament.uk/commons/2016-12-20/debates/4F15110B-F6D5-4FA1-9154-536BD848130E/LeaseholdAndCommonholdReform The catalyst was the scandal of Taylor Wimpey selling homes between 2007-2011 with doubling ground rents and then selling the freeholds […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Commons to debate leasehold reform next Tuesday. And Bottomley intends to name leasehold game-players …

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LKP’s patron MPs Jim Fitzpatrick and Sir Peter Bottomley have secured a three-hour Commons debate next Tuesday (December 20) to discuss reforming leasehold tenure. It is the first full-on debate over leasehold issues since the debates that led to the 2002 Commonhold and Leasehold Reform Act. The MPs made the announcement to the All Party […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Private Eye reports challenge to ‘scandal’ of lease extension values

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Private Eye today published reports of the legal challenge to the “scandal” of lease extension valuations mounted by chartered surveyor James Wyatt. Wyatt, a former head of valuations at John D Wood, is urging the adoption of a more mathematically robust method to value short leases: that is leasehold properties, usually flats, that have less […]

During the government consultation on new-build leasehold houses and onerous ground rent terms, we need to argue from a position of strength. That means LKP and the All Party Parliamentary Group, of which we are the secretariat, have the information.  Please fill in this survey CLICK HERE

Martin Paine, embedded management companies, LKP … all raised in Queen’s speech debate

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These issues were raised by Sir Peter Bottomley in the Queen’s Speech debate yesterday Let me turn to other issues that come up for Back Benchers. I pick up causes, one of which came about as a result of an incident in my constituency regarding leasehold, when some elderly, frail and poor people found themselves […]

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