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
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Government action on leasehold scandal has been ‘too weak and too slow’, says John Healey

… And demands inquiry into mis-selling of leasehold homes Labour shadow communities secretary John Healey attacked government inaction over the leasehold scandal this week. He told the Commons that government action had been: “too weak and too slow and, critically, largely overlooks the plight of existing leaseholders. An industry survey shows that six in 10 […]

Prime Minister ‘not ruling anything out’ with freeholders and builders over responsibility for Grenfell cladding

The prime minister addressed the Grenfell cladding issue in private blocks at parliamentary questions this afternoon, ‘ruling nothing out’ to get residential freeholders and developers to take responsibility rather than dump costs on leaseholders. She said that Barratt, Legal and General and Taylor Wimpey “are doing the right thing and taking responsibility”. The recognition of […]

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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 […]

Bloor Homes, which builds leasehold houses, gives £400,000 to the Conservative Party

John Bloor, the founder of Bloor Homes, has donated £400,000 to the Conservative Party, even though his company builds leasehold houses that have been criticised by Theresa May. Mr Bloor’s donation, made through his company JS Bloor (Services) Limited, was received on May 3. The news coincides with LKP asking Bloor Homes, and Redrow and […]

Dear Pete Redfern … Taylor Wimpey cheated us: what are you doing about it?

Taylor Wimpey CEO Pete Redfern was deluged with emails this morning from desperate owners of leasehold houses. The initiative was organised by the Facebook group National Leasehold Campaign of leasehold house owners. The correspondence was copied in to Sajid Javid, Secretary of State at the DCLG, and housing minister Gavin Barwell. Many emails were also […]

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Brokenshire tells freeholders to pay up to remove Grenfell cladding. But how can that work?

The government is persisting with its argument that “building owners” must pay up to remove Grenfell cladding from their sites – even though the law has said that they don’t pay, leaseholders do. The statement today from Communities Secretary James Brokenshire says: “Local authorities will get the government’s full backing, including financial support if necessary, […]

£3m Grenfell cladding bills fall on residents at Lendlease’s Cypress Place and Vallea Court

The property tribunal last week dumped the cost of removing Grenfell cladding on the residents at Cypress Place and Vallea Court in Manchester’s Green Quarter, which were built by Australian builder Lendlease. And Vallea Court pays for the “waking watch” fire marshals. In addition, the tribunal declined to issue a section 20c order, which means […]

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Legal army to stop West India Quay getting … 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 of […]

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Commons leasehold debate. December 20 2016

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 […]

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