Adriatic Land 2 (GR2) Limited Archives - Leasehold Knowledge Partnership

Who are Dublin-based Boardwalk Finance DAC and Jetty Finance DAC? Why do they own freeholds to people’s homes? And why are they based abroad?

July 8, 2017 By admin

Who are Dublin-based Boardwalk Finance DAC and Jetty Finance DAC? Why do they own freeholds to people’s homes? And why are they based abroad? Boardwalk Finance DAC and Jetty Finance DAC, which share the same offices in Dublin, emerge as large scale owners of UK residential freeholds, according to the Guardian today. Jetty Finance DAC […]

The Sun demands end to ground-rent rip-offs

April 8, 2017 By admin

The Sun has launched a campaign today to “end the leasehold stranglehold”. In an emphatic article money editor Daniel Jones demands: An end to leasehold houses apart from exceptional cases (such as the developer does not own the land) Compensation for those affected, either from conveyancing solicitors or the developers. An independent task force, set […]

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

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Freeholders’ ‘cowboy’ insurance commissions at leaseholders’ expense attacked in The Times

But the fiddling will go on for as long as leaseholders are not a party to the insurance contract that they are obliged under the lease to pay for The issue of freeholders and managing agents fiddling insurance commissions at leaseholders’ expense was raised in the Times earlier this month. Sir Peter, 74, said that […]

Taxpayer subsidy via Help To Buy for leasehold houses to run until 2021, MPs told

By Harry Scoffin Leasehold houses are STILL being sold under the Help To Buy scheme and taxpayers’ subsidy for them will remain until 2021, the Communities Select Committee has been told. Only in 2021 do the existing Help To Buy procedures end. Oral evidence – MHCLG annual report and accounts 2018 – 21 Jan 2019 […]

Leaseholders urge Clive Betts MP to quiz housebuilders over ground rent review schemes

Leaseholders trapped in unsellable homes owing to rip-off ground rents have deluged Clive Betts MP (above) to call in housebuilders to explain their haphazard ground rent review schemes. Mr Betts chairs the Communities Select Committee but declines to intervene in the leasehold scandal whereby 100,000 homeowners are trapped in unsellable properties, according to Nationwide. Mr […]

Leasehold houses and the sales process were ‘absolutely disgusting’, MPs told. But have laws been broken?

Charities and housing associations are ‘ripped off’ as bogus sales prices are recorded on Land Registry, it is claimed Many leasehold house buyers are in negative equity owing to over-valuations Developers’ ‘morally debatable’ conduct over leasehold house sales, with ‘huge benefits’ to use recommended solicitors If developer recommended solicitors complete within 28 days, there is […]

Dear Gavin Barwell … our Taylor Wimpey leasehold house means my pension will be eroded

Housing minister Gavin Barwell also received a powerful letter from a leasehold house owner today. Mr Barwell has indicated his disapproval of leasehold houses at the annual conference of the Leasehold Advisory Service. He said: “The Leasehold Knowledge Partnership estimated that around 9,000 houses are being built and sold as leasehold. Many of those seem […]

MHCLG ‘fundamentally flawed’ in expecting freeholders to pay for Grenfell cladding removal, LKP tells the FT

The FT today reports that government hopes that speculators in residential freeholds – especially anonymous ones hidden offshore – are unlikely to pay up to remove Grenfell cladding. The article coincided with reports of Places for People, freeholder of Leeds Saxton, issuing a non-repayable loan to leaseholders and pursuing a claim against warranty provider NHBC. […]

Brokenshire’s dad fixed cladding in Greenwich, Bottomley reminds Commons

High-rise Buildings: Cladding Hansard (the Official Report) is the edited verbatim report of proceedings of both the House of Commons and the House of Lords. Daily Debates from Hansard are published on this website the next working day. A little insight to the new Communities Secretary James Brokenshire on Monday: His father provided cladding to […]