The disaster of flammable cladding on blocks of flats and what to do about it is providing the biggest push to transform leasehold law since the eruption of the doubling ground rent scandal which we exposed in 2016. The question being asked is: what is the third-party freehold owning landlord actually for? For ground rent […]
Leaseholders to sue government over fire safety measures
But housing minister says further funding must come from the building owners. (Hasn’t that been tried before?) By Harry Scoffin The Guardian reports that leaseholders across 12 sites in Manchester are preparing to take the government to court over their policy towards fire safety problems with privately-owned tower blocks. Although government has recently pledged £200m […]
Barking fire site is owned by anonymous investors in Adriatic Land
And what the balconies were like before the fire: LKP has been informed that the headlease owner of De Pass Gardens on Barking Riverside, which witnessed a serious fire today, is Adriatic Land 4. These companies are part of the £1.6 billion ground rent fund Long Harbour. The ultimate beneficial ownership of these freeholds / […]
New Capital Quay leaseholders to sue Galliard over Grenfell cladding
This is the first site in England to begin legal action against its landlord and developer The action taken by the leaseholders is against Galliard Homes Ltd and the site’s landord Roamquest Ltd a firm owned in Galliard Holdings Ltd and NCQ Development Ltd which in turn is owned by Galliard Homes Ltd The leaseholders […]
Brokenshire announces £200m Grenfell cladding removal fund – hours after APPG meeting of leaseholders
UPDATING … A £200 million fund to remove Grenfell cladding from private blocks was announced this morning by Communities Secretary James Brokenshire on the BBCR4 Today programme. It can be heard at 07.10 here This action has been long predicted by LKP, believing that ministers’ appeals to freeholders and developers to “do the decent thing” […]
Paddington Walk leaseholders have paid £3.5m to remove Grenfell cladding, with more to come …
Leaseholders at Paddington Walk have paid out £3.5 million to remove Grenfell cladding from the site, even though ministers have said leaseholders should not pay. An additional bill of £5.4 million is on the way, according to Inside Housing. The site was built in 2005 by European Land and Property, a joint venture development company […]
Campaign to get government to help fund Grenfell cladding removal
Today sees the launch of a campaign calling on the government to help fund the recladding of the private blocks impacted by ACM cladding led by InsideHousing in support of the UK Cladding Action Group (UKCAG). LKP is proud to help support this campaign along with many other groups and MPs including leasehold and commonhold […]
Grenfell cladding leaseholders form campaign group
A campaign group of leaseholders in private blocks with Grenfell cladding is being formed. It is calling itself the UK Cladding Action Group: UKCAG and can be contacted here: ukcladdingactiongroup@gmail.com LKP welcomes the initiative and will do all that it can to assist. The Guardian reports: “Only 10 of the 173 private buildings discovered with […]
Lendlease caves in over £5m Grenfell cladding bills at Vallea Court and Cypress Place
In yet another retreat by plc house builders, the Aussie giant Lendlease is stumping up to pay to remove the Grenfell cladding at Vallea Court and Cypress Place, in Manchester’s Green Quarter. Before government ministers start talking rubbish about “freeholders doing the decent thing” – or worse, describing these speculators in residential freehold income streams […]
Theresa May also thinks that ‘building owners’ – freeholders – will pay for Grenfell cladding
<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>&amp;amp;amp;lt;span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”&amp;amp;amp;gt;&amp;amp;amp;lt;/span&amp;amp;amp;gt; After Sajid Javid, James Brokenshire and Kit Malthouse … now the prime minister this afternoon insists that “building owners” will pay for Grenfell cladding removal. The Tchenguiz group at Northpoint in Bromley has already […]
Furious attack on government Grenfell cladding inaction in Commons
The government was under attack in the Commons today over its inactivity over Grenfell cladding in private blocks of flats. John Healey, Labour shadow housing secretary, made a powerful attack on Housing minister Kit Malthouse, asking “if the government cannot deal with this, what is it in office for?” Mr Malthouse said, “as a result […]
Grenfell cladding leaseholders despair of government doing anything ..
“For residents in private sector buildings identified as having this accelerant-type cladding we were often hopeful and encouraged by Government assurances from James Brokenshire and Kit Malthouse, that the cost will be met, not by leaseholders, but by the freeholder or developers. In a statement regarding this issue, Brokenshire threatened that if they did not […]
Tchenguiz group dismisses government ‘hollow threat’ to make freeholders pay for Grenfell cladding removal
But hints that it would have liked to help, if only the ‘existential threat’ of leasehold reforms were dropped … The Tchenguiz organisation has said that the government should stop demanding that freeholders pay to remove Grenfell cladding from 272 private apartment blocks. It is a “hollow threat and it knows it”, says William Kenneth […]
Fury in Manchester as Lendlease wins £160m contract to refurb city hall, while dumping Grenfell cladding costs on leaseholders
Anger has erupted in Manchester after Australian building group Lendlease was awarded a £330 million contract to refurbish the city hall – while declining to help remove Grenfell cladding from its private sites in the city. Lendlease refuses to contribute to remove cladding at two sites in Green Quarter, Vallea Court and Cypress Place which […]
Pull the other one, Vincent! Leasehold reform hasn’t stuffed Fairhold. It was downgraded in 2015 …
In today’s Financial Times interview, Vincent Tchenguiz says the sale of his Fairhold Securitisation Limited has collapsed because of buyers’ concerns over government reforms to leasehold. Vincent Tchenguiz pushes back on UK leasehold reform Property tycoon Vincent Tchenguiz is lobbying against proposed changes to the leasehold system that his company says threaten “unintended detrimental […]
Santa visits Citiscape and New Providence Wharf
Twelve months ago the leaseholders in Citiscape Croydon were in a very dark place. They were being taken to the Tribunal by FirstPort to prove that they should be liable for cladding costs, which were estimated at over £2 million – over £20,000 per flat. The leaseholders had been given poor advice by LEASE on […]
