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You are here: Home / Latest News / Labour deputy Tom Watson joins APPG on leasehold reform – but select committee STILL won’t call in the housebuilders

Labour deputy Tom Watson joins APPG on leasehold reform – but select committee STILL won’t call in the housebuilders

March 6, 2018 //  by Sebastian O'Kelly

Does the UK have the greediest, most venal and least competent housebuilders in the world?

The Labour deputy leader Tom Watson joined the APPG on leasehold and commonhold reform yesterday, while the Communities Select Committee still has not called in the housebuilders.

Mr Watson, the MP for West Bromwich East, joined on the prompting of constituents.

It beings the APPG up to 150 members: 140 MPs and ten Lords. Listed below.

Meanwhile, the government is showing increasing seriousness over the issues of leasehold reform, coupled with exasperation at plc housebuilders as evidenced yesterday over planning, land banking and supply issues raised yesterday.

Gargantuan profits have been made through the government subsidy of Help To Buy, and the nation’s housebuilders have responded by shafting their customers with wealth-eroding leasehold terms and intricate “fleecehold” management charges on private estates (where the council hasn’t adopted roads, lighting and drains).

Theresa May referenced leasehold issues in a speech in East London yesterday: “With no regulation in property management, the door has been open to cowboy agents – with tenants, leaseholders, freeholders and honest agents all paying the price. That’s why we’re working with reputable property managers and their clients to clean up and regulate the sector.”

Full speech here: https://www.gov.uk/government/speeches/pm-speech-on-making-housing-fairer-5-march

Communities Secretary Said Javid told the Commons yesterday: “We are cracking down on rogue landlords and the abuse of leaseholds … We have launched a new, more assertive national housing agency, Homes England. We have launched an independent review, led by my right hon. Friend the Member for West Dorset (Sir Oliver Letwin), into the gap between planning permissions granted and homes actually built.”

Justin Madders, Labour MP for Ellesmere Port and Neston, said: “There are some laudable aims in the Secretary of State’s statement today, but I fear they will not succeed because we are still relying on the same cabal of developers who brought us the leasehold scandal and whose profits have gone up nearly 400% in the past five years.”

The housebuilders also awarded themselves princely remuneration for harvesting the housing crisis and a load of public money, with the £120 million bonus to Jeffrey Fairburn, CEO of Persimmon, the most outrageous example.

(After £45 million or so, Mr Fairburn has allocated the rest to charity … seemingly controlled by Mr Fairburn.)

The Sun attacks ‘fatcat’ housebuilders with inflated fortunes thanks to Help To Buy

Meanwhile, the Communities Select Committee, chaired by Clive Betts MP, has still not called in the housebuilders to address the leasehold scandal.

LKP has repeated urged it to call in Pete Redfern, CEO of Taylor Wimpey, to address the company’s “ground rent assistance scheme”.

This is an offer to turn doubling ground rent into ones linked to RPI.

It does not apply to anyone who bought a resale, and the RPI will be linked to the doubled ground rent if the ground rent has already soared.

Furthermore, Taylor Wimpey won’t say how many of its former customers are involved, which are the sites, and how many leases have toxic terms.

Other housebuilders need to do some explaining: such as Persimmon on why it is now selling out houses at Harrow View West as freehold rather than leasehold, and what is it going to do about its now disadvantaged former customers.

Persimmon sold leasehold houses for £50,000 more than same-size freehold houses at Harrow View West

In the planning debate yesterday, another testy APPG member, Andrew Selous, Conservative MP for South West Bedfordshire, said: “Houghton Regis North 1 is a 5,000-house development in my constituency for which all planning permissions  have already been granted.

“My concern is that I am told that not a single person will collect keys on that large site until early 2020 because of the time it will take to put in electricity and other utilities. My constituents need those houses now. They cannot wait that long and they cannot wait for the Letwin review. What can the Government do to help to get those utilities in more quickly, so that we build the houses we desperately need?”

A good question. And another might be:

Does the UK have the greediest, most venal and least competent housebuilders in the world?


Current number of members 140 + 8 friends

Updates this month:

05/03/18 Tom Watson Deputy leader or the Labour Party and MP for West Bromwich East joined

 

Listed below are the members of the All Party Parliamentary Group looking into Leasehold and Commonhold reform in the new parliament. The list is updated as new members join and will be updated on this page throughout the parliament.

Any member of parliament in the Commons or Lords may join an APPG unless they hold a formal office in the government. The group has also created the informal category of “friend” of the APPG to allow members of the government to follow the group as part of their work in constituency matters.  Current APPG “friends” are:

Robert Buckland MP for South Swindon and Solicitor General
MarK Field MP for Cities of London and Westminster Minister of State (FCO) 
Nick Gibb MP for Bognor Regis and Littlehampton  and Minister of State for Education
Andrew Stephenson MP for Pendle and Assistant Government Whip
Mike Freer MP for Finchley and Golders Green and Assistant Government Whip
Nick Hurd MP for Ruislip, Northwood and Pinner Minister of State (Home Office)
Alistair Bury MP North East Bedford Minister of State (FCO)
Olicer Dowden MP for Hertsmere  Parliamentary Secretary (Cabinet Office)

Members of parliament wishing to join the APPG can either write to us at appg@leaseholdknowledge.com or contact any of the co chairs Sir Peter Bottomley MP, Jim Fitzpatrick MP and Sir Edward Davey MP.

The APPG issued their first interim report at the end of the last parliament which can be read HERE

The aims of the All Party Parliamentary Group are updated as at 5th July 2017:

  • To consider ways in which leasehold and commonhold legislation and regulation might be improved.
  • To examine those elements of current legislation and regulation which are seen as defective.
  • To look at ways to reduce the opportunities for exploitation and ways to alleviate the distress and hardship faced by some leaseholders, particularly the more vulnerable and elderly leaseholder.
  • To consider how the current cost imbalance at the leasehold property Tribunal might be addressed, how the Tribunal might be developed for use under revised commonhold legislation and how it might return to parliament’s original intention as a low cost forum for disputes and redress.
  • To consider and to make known objectionable and unacceptable behaviour in the sector.
  • To consider those matters in leasehold insurance and service charge funds which currently fall outside the regulatory framework of the FCA.
  • To consider the different issues faced in the private sector and in the social sectors
  • To liaise with and monitor the actions of the various government departments dealing with leasehold and commonhold issues along with the activities of publicly funded bodies working in this area.
  • To review commonhold legislation to explore how to better implement this form of tenure so it works as parliament intended.

LIST OF APPG MPs and LORDS

DebbieAbrahams MPOldham East and Saddleworth
RushanaraAli MPBethnal Green and Bow
LucyAllan MPTelford
MikeAmesbury MPWeaver Vale
Fleur Anderson MPPutney
ToniaAntoniazzi MPGower
JonAshworth MPLeicester South
ShaunBaily MPWest Bromwich West
Siobhan Baillie MPStroud
ApsanaBegum MPPoplar and Limehouse
HillaryBenn MPLeeds Central
Bob Blackman MPHarrow East
Sir PeterBottomley MPWorthing West
GrahamBrady MPAltrincham and Sale West
Deidre Brock MPEdinburgh North and Leith
Lyn Brown MPWest Ham
NickBrown MPNewcastle upon Tyne East
AnthonyBrowne MPSouth Cambridgeshire
FionaBruce MPCongleton
Ian Byrne MPLiverpool, West Derby
FelicityBuchan MPKensington
ConorBurns MPBournemouth West
Ian Byrne MPLiverpool, West Derby
Ruth Cadbury MPBrentford and Isleworth
AlanCampbell MPTynemouth
DanCarden MPLiverpool, Walton
Andy Carter MPWarrington South
AlexChalk MPCheltenham
BambosCharalambous MPEnfield Southgate
ChrisClarkson MPHeywood & Middleton
Daisy Cooper MPSt Albans
RosieCooper MPWest Lancashire
Yvette Cooper MPNormanton, Pontefract and Castleford,
RobertCourts MPWitney and West Oxfordshire
NeilCoyle MPBermondsey and Old Southwark
John Cryer MPLeyton and Wanstead
Sir EdwardDavey MPKingston and Surbiton
GeraintDavies MPSwansea West
MarshaDe Cordova MPBattersea
TanDhesi MPSlough
SteveDouble MPSt Austell and Newquay
StephenDoughty MPCardiff South and Penarth
Rosie Duffield MPCantebury
IainDuncan Smith MPCanterbury
JulieElliot MPSunderland Central
ChrisElmore MPOgmore
FlorenceEshalomi MPVauxhall
BillEsterson MPSefton Central
NigelEvans MPRibble Valley
TimFarron MPWestmorland & Lonsdale
ColleenFletcher MPCoventry North East
MarcusFysh MPYeovil
Barry Gardiner MPBrent North
MarkGarnier MPWyre Forest
NickGibb MPBognor Regis and Littlehampton
MaryGlindon MPNorth Tyneside
HelenGrant MPMaidstone and The Weald
ChrisGreen MPBolton West
Kate Green MPStretford and Urmston
James Grundy MPLeigh
AndrewGwynne MPDenton and Reddish
LouiseHaigh MPSheffield, Heeley
StephenHammond MPWimbledon
Emma Hardy MPKingston upon Hull West and Hessle
HelenHayes MPDulwich and West Norwood
Sir JohnHayes MPSouth Holland and The Deepings
JohnHealey MpWentworth and Dearne
Mike Hill MPHartlepool
MegHillier MPHackney South and Shoreditch
Dame MargaretHodge MPBarking
SharonHodgson MPWashington and Sunderland West
Kevin Hollinrake MPThirsk and Malton
George Howarth MPKnowsley
LindsayHoyle MPChorley
TomHunt MPIpswich
Dr Rupa Huq MPEaling Central and Acton
RobertJenrick MPNewark
KevanJones MPNorth Durham
SarahJones MPCroydon Central
PreetKaur Gill MPBirmingham, Edgbaston
DanielKawczynski MPShrewsbury and Atcham
BarbaraKeeley MPWorsley and Eccles South
Afzal Khan MPManchester, Gorton
PeterKyle MPHove and Portslade
BenLake MP
Ceredigion
DavidLammy MPTottenham
RobertLargan MPHigh Peaks
Sir EdwardLeigh MPGainsborough
TonyLloyd MPRochdale
Rebecca Long-Bailey MPSalford and Eccles
Jonathan Lord MPWoking
TimLoughton MPEast Worthing and Shoreham
Justin Madders MPEllesmere Port and Neston
Shabana Mahmood MPLadywood
SeemaMalhotra MPFeltham and Heston
RachaelMaskell MPYork Central
ChrisMatheson MPCity of Chester
Steve McCabe MPBirmingham, Selly Oak
JohnMcDonnell MPHayes and Harlington
Conor McGinn MPSt Helens North
Alison McGovern MPWirral South
Catherine McKinnell MPNewcastle upon Tyne North
AnnaMcMorrin MPCardiff North
StephenMcPartland MPStevenage
IanMearns MPGateshead
MarkMenzies MPFylde
JohnnyMercer MPPlymouth, Moor View
HuwMerriman MPBexhill and Battle
Andrew Mitchell MPSutton Coldfield
LaylaMoran MPOxford West
David Morris MPMorecambe and Lunesdale
Sir Bob Neill MPBromley & Chislehurst
CharlotteNichols MPWarrington North
Dr MatthewOfford MPHendon
Sarah Olney MP
Richmond and Kingston
ChiOnwurah MPNewcastle upon Tyne Central
KateOsamor MPEdmonton
MatthewPennycook MPGreenwich and Woolwich
Lucy Powell MPManchester Central
MarkPritchard MPThe Wrekin
Will Quince MPColchester
YasminQureshi MPBolton South East
Tom Randall MPGedling
AngelaRayner MPAshton-under-Lyne
Steve Reed MPCroydon North
JonathanReynolds MPStalybridge and Hyde
MarieRimmer MPSt Helens South and Whiston
Laurence Robertson MPTewkesbury
MaryRobinson MPCheadle
AndrewRosindell MPRomford
LloydRussell-Moyle MPBrighton, Kemptown
Andrew Selous MPSouth West Bedfordshire
AlecShelbrooke MPElmet and Rothwell
Tulip Siddiq MPHampstead and Kilburn
AndySlaughter MPHammersmith
CatSmith MP Lancaster and Fleetwood
JeffSmith MPManchester Withington
Dr BenSpencer MPRunnymede and Weybridge
KeirStarmer MPHolborn and St Pancras
Gary Streeter MPSouth West Devon
GrahamStringer MPBlackley and Broughton
Mark Tami MPAlyn and Deeside
AlisonThewliss MP
Glasgow Central
DerekThomas MPSt Ives
GarethThomas MPHarrow West
NickThomas-Symonds MPTorfaen
Stephen Tomlinson MPNorth Swindon
Justin Twigg MPHalton
DerekTwigg MPHalton
LizTwist MPBlaydon
ChristianWakeford MPBury South
Catherine West MPHornsey & Wood Green
MattWestern MPWarwick & Leamington
HeatherWheeler MPSouth Derbyshire
HywelWilliams MPArfon
WilliamWragg MPHazel Grove
DanielZeichner MPCambridge
LordAdonis
Viscount Astor
Baroness Bennett of Manor Castle
Lord Best
LordBourne of Aberystwyth
Lord BishopSt Albans
LordBlencathra
Lord Campbell-Savours
BaronessFox of Buckley
BaronessGardner of Parkes
BaronessGolding
BaronessGrender
Baroness Hamwee
Baroness Hyter of Kentish Town
Baroness Jones of Moulsecoomb
EarlJohn Lytton
Lord Kennedy of Southwark
Lord Kerslake
Baroness McIntosh of Pickering
LordO’Neill of Clackmannan
Baroness Pinnock
LordRandall
LordThurlow
LordTruscott
BaronessWarwick of Undercliffe
Lord Young of Cookham

As with all APPG sites we are required to state: “This is not an official website [or feed] of the House of Commons or the House of Lords. It has not been approved by either House or its committees. All-Party Parliamentary Groups are informal groups of Members of both Houses with a common interest in particular issues. The views expressed in these webpages are those of the group”.

Related posts:

APPG members list – current membership 183 APPG tells MPs: Ban ground rents. Introduce commonhold. Summons housebuilders to select committee. End rip-off ‘fleasehold’ permission fees on managed estates Labour MP Helen Hayes ‘disappointed’ by Sajid Javid’s response on leasehold scandal Default ThumbnailSelect Committee Leasehold reform inquiry launches Default Thumbnail10,500 leaseholders demand select committee hauls in housebuilders over rip-off ground rents

Category: APPG, Latest News, News, ParliamentTag: APPG, Jeffrey Fairburn, Persimmon, Pete Redfern, Sajid Javid, Taylor Wimpey, Theresa May, Tom Watson MP

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Reader Interactions

Comments

  1. Sue Stuckey

    March 6, 2018 at 1:24 pm

    LKP: Does the UK have the greediest, most venal and least competent housebuilders in the world?

    A: No. That privilege is reserved for England, with London and the Home Counties being especially and peculiarly attractive to international investors in our over-heated property market – although other areas of the UK are starting to catch on. Many will be gathering in Cannes next week for the annual MIPIM, the world’s leading property market bash for “four days of networking, learning and transaction”, not to mention the champagne supping and other ‘activities’. Post Weinstein and the President’s Club charity dinner, the organisers have warned this year’s attendees not to bring the event into disrepute.

    Bet your bottom dollar that those attendees will include the names of managing agents and others whose names make headlines at LKP. They may even include the odd parliamentarian. My source told me that English councils send property managers to MIRIPM to strike deals that include selling off brownfield sites with the promise of light-touch planning intervention. He added that many of the developments one sees springing up around London, for example, will not provide low-cost accommodation for essential service-providers like nurses, or others. Most of it will be occupied by well-heeled tenants who can afford it.

  2. Michael Epstein

    March 6, 2018 at 1:59 pm

    That there are so many members of the group is simply fantastic.
    It should not be forgotten that over 100 MP’s cannot join under Parliamentary rules(which makes the achievement even more remarkable)
    May I ask as to the position of Scottish and Northern Ireland MP’s since their countries rid themselves of leasehold? Would they be allowed to join the group?

    • Sue Stuckey

      March 7, 2018 at 9:32 am

      In the context of this parliamentary group on leasehold reform, it is equally remarkable that, in years gone by when individual leaseholders have approached their MP with regard, for example, to spurious additional charges in the form of a ‘licence’ fee and other regulatory abuse, the said MP has found it too difficult to intervene.

      The property market here in England – notably London and Home Counties but growing across the UK as a result of commercial pressures – is grossly overheated.

      Many of the problems including housing shortages and leasehold abuse results from an overheated property market. What solutions will the LKP parliamentary group come up with to deal with an overheated property market that proves to be such a magnet for foreign investors? Will they be looking to cool demand by discouraging foreign investors? I’d be surprised. Will they bash the builders who are paid by foreign investors to build homes beyond the pice reach of the nurses and other key workers? Will they bash councils for failing to issue planning permissions when the real problem isn’t one of planning permissions? More that cash-strapped councils are selling off development land to foreign investors.

      As we saw from Mrs May’s speech, government blames the builders and the councils for a lack of affordable housing.

      Then we have the matter of leasehold reform. Background: the CMA’s two-year study concluded as recently as 2016 that leasehold works well, on the whole. But for whom? Other work highlights the fact that since the introduction of the Commonhold & Leasehold Reform Act in 2002, there has been very little uptake. Why? Good question.

      Certainly, it would help if government were to enact all the clauses of CLRA 2002, especially those that require managing agents to be more transparent and accountable to leaseholders. Foreign investors are a powerful lobby. So, too, are managing agents. If the parliamentary group were to restrain these two powerful lobbies they would, at a stroke, resolvemny of the problems associated with property ownership.

      Commonhold, in principle, is great, Bringing this in, and indeed removing ground rents, for new sales only, will simply create a two tier market.  Values for ‘old, tainted’ leasehold properties will fall, relatively.  Four million leaseholders across the land – myself included – will be upset.

  3. David McArthur

    March 6, 2018 at 4:49 pm

    LKP: Does the UK have the greediest, most venal and least competent housebuilders in the world?
    Capitalism is a system of enterprise which in it’s purest form has but one motive, profit. Corporate companies are where we find capitalism in it’s purest form. All of the big builders are corporate companies quoted on the Stock Exchange, their motive is profit by any and all means possible. The answer, therefore to the first question is YES. Least competent?, If their motive is profit and they achieve (vast) profits, surely they are not incompetent.
    Building houses is incidental to the big house builders, in actual fact it is somewhat of a nuisance to them that they have to do so as a means of making money.

  4. Paddy

    March 6, 2018 at 11:02 pm

    Excellent to see Tom Watson join the APPG on leasehold reform. Huge respect for this MP. Dedicated.

    APPG dream team of ‘big hitters’ and getting bigger.

    Well done Sebastian and Martin for LKP campaigning. ‘Cometh the moment’ and all that.

  5. ollie

    March 7, 2018 at 4:38 am

    Well done Sebastian and Martin for getting to 140,

    but there is still a long way to go for reaching support from 326 MPs to successful passing legislation in Parliament for leasehold reform.

    I wonder if LKP can persuade the “party whips” from every party to join the APPG. ???

  6. Paul Joseph

    March 7, 2018 at 12:15 pm

    The problem is not simply

    the greediest, most venal and least competent housebuilders in the world

    but systemic corruption in the UK property market involving the political party now criticizing the builders and a large number of professionals who aid and bet and profit from this state of affairs. To pretend otherwise is laughable.

    Nothing less than systemic reform is needed. Abolition of leasehold and ending anonymous ownership of property. The UK is hub for dirty money and a playground for oligarchs while taxpayers are driven further and further out of their own capital and the inequality between it and the rest of the country widens further. The choice for the Conservatives is proper reform fast or even more drastic reform under the next non-Conservative govt.

    It’s good to see that Unexplained Wealth Orders are finally being used to limit the money laundering in the UK property, but there is a very long way to go.

  7. Chris P

    April 15, 2018 at 8:18 am

    Excellent news! Keep them coming! Keep up the fight everyone!

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