Martin Paine £8,000 a year ground rent scandal

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Sebastian O’Kelly
Martin Boyd
sok@leaseholdknowledge.com
martin.boyd@leaseholdknowledge.com

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LKP meets shadow housing minister Emma Reynolds

LKP met shadow housing minister Emma Reynolds yesterday to discuss problems in the leasehold sector. The meeting was organised by Jim Fitzpatrick, the Labour MP for Poplar and Limehouse, who has some of the richest and poorest leaseholders in the country in his constituency. He has become a firm stalwart in fighting for leaseholders.

LKP patron Sir Ed Davey returns to Parliament

LKP’s LibDem patron Sir Ed Davey was returned to Parliament at the election for the Conservative held seat Kingston and Surbiton. He rejoins Sir Peter Bottomley, Conservative, Worthing West, and Jim Fitzpatrick, Labour, Poplar and Limehouse, after having lost his seat in the 2015 election. LKP warmly welcomes the return to public life of Sir […]

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Guardian reports misery of leasehold home owners trapped by John Lewis Partnership Pension Trust – and the Mail, Sun, Mirror and Lad Bible (any we have missed?)

UPDATE: for reasons that are a mystery to LKP, this story has now become widespread: Mail, Mirror, Sun (below). All are copies of the Guardian article, which may itself be from the Cambridge Evening News. It may be a case of the age of national newspaper website journalists which explains why this one took off […]

First squawk from the (smaller) house builders

The housebuilders have been very shy to discuss leasehold, with the Home Builders Federation even turning down BBC R4’s hugely influential Today programme when LKP was on. Taylor Wimpey has said very little; Countryside Properties plc which has been selling doubling ground rents this year, has said nothing at all. Now there is a squawk: […]

Nationwide bans mortgages on doubling ground rent properties

The Nationwide building society – which is one of the top three mortgage providers in the UK – announced today that it will not lend on properties with doubling ground rent. “Unreasonable multipliers such as doubling every five, ten or fifteen years not allowed. Escalation should instead be linked to a verified index, such as […]

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Praise for Barratt’s – and LKP – from Citiscape leaseholders

APPG, April 26 Two leaseholders at the Citiscape site in Croydon offered public praise to Barratt and thanked LKP for its efforts to get the issue raised in public and addressed. Anuj Vats and Srikant Alla are at the forefront of organising the leaseholders into a functioning residents’ association to address the crisis imposed on […]

NHBC accepts Grenfell cladding bill at Galliard’s New Capital Quay

UPDATE JULY 11: The Times reports that the NHBC caved in days after 220 leaseholders began legal proceedings to force the controversial warranty insurer to pay out. Leaseholder Nigel Pickford, 71, who spoke at our APPG in April and who lives in a £1 million apartment on the top floor of one of the blocks, […]

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West India Quay’s victory against £74,560 legal onslaught … for a recognised residents’ association

Giving recognition to a residents’ association at the most exclusive apartment block in Canary Wharf posed the sort of “risks that you see with the trade unions”, the First-Tier Tribunal was told last Thursday. The remark was made by the freeholder’s professional witness, chartered surveyor Bruce Maunder Taylor – and was greeted with guffaws […]

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Martin Paine £8,000 a year ground rent scandal

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