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You are here: Home / Archives for Barry Gardiner MP

Realities of leasehold spelled out during the Housing Bill

January 13, 2016 By admin

– Commons urged to back amendment to abolish leasehold by 2020 in favour of commonhold – Tchenguiz, Peverel and Cirrus get another Commons naming – McCarthy and Stone told to explain collapsed second-hand values of retirement flats – Leasehold Knowledge Partnership praised, and thanked for reasonably accurate figures for leasehold sector Labour MP and LKP […]

Filed Under: Commonhold, Latest News, News, Parliament Tagged With: Barry Gardiner MP, Jim Fitzpatrick, Sir Peter Bottomley

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‘Fright night’ for Taylor Wimpey as profits fall 24% over leasehold scandal, says Times

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MPs don’t like what they see …

Realities of leasehold spelled out during the Housing Bill

– Commons urged to back amendment to abolish leasehold by 2020 in favour of commonhold – Tchenguiz, Peverel and Cirrus get another Commons naming – McCarthy and Stone told to explain collapsed second-hand values of retirement flats – Leasehold Knowledge Partnership praised, and thanked for reasonably accurate figures for leasehold sector Labour MP and LKP […]

BBC R4 You and Yours reports MPs saying leasehold houses are a ‘national con’

  BBC R4’s consumer programme reported the All Party Parliamentary Group on leasehold reform meeting of April 19. It can be heard hereat 34.00 http://www.bbc.co.uk/programmes/b08m8z32 Reporter Melanie Abbott attended the meeting and has been covering this story since last December, which has resulted in a number of broadcasts. BBC R4 You and Yours heard that homeowners […]

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Ground rent scandals

Now Daily Telegraph wades into the leasehold house racket

Survey on onerous ground rent data. Please fill this in if you have a leasehold house with exploitative ground rent terms Yesterday the Daily Telegraph waded into the on-going scandal of housebuilders eroding the wealth of generation with leasehold homes. “A generation of home buyers is set to live under the shadow of complex, onerous […]

Taylor Wimpey CEO says doubling ground rent scandal under ‘review’. But Bottomley asks: ‘Have innocent homebuyers been shafted?’

This afternoon Pete Redfern the CEO of Taylor Wimpey has responded to the All Party Parliamentary Group on leasehold reform saying that the issue of homeowners with doubling ground rents is under “review”. Mr Redfern’s full letter is below. He points out that the doubling ground rent leases, which LKP is aware apply to leasehold […]

E&J Capital Partners ‘compelled’ to sell freehold to Taylor Wimpey house to pensioner for £38,000 (plus £4,000 costs)

Ground rent speculators E&J Capital Partners were “compelled” to sell pensioner Trevor Nowell the freehold to his Taylor Wimpey leasehold house for £38,000. Once Mr Nowell, 79, began the enfranchisement process, the valuation of the property’s freehold was decided by the professional advisors employed for both sides (which Mr Nowell ended up paying for, as […]

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Grenfell cladding

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 […]

New Capital Quay cladding may cost £7-10m, while NHBC sends in experts – and libel warning to BBC

The misery of the leaseholders at New Capital Quay featured on the BBCR4 You and Yours programme after the APPG on April 6. It emerges that Galliard estimates the cost removing the cladding at the 1,00 flat site at £7-10 million (plus the fire marshals). The warranty provider the NHBC, which employed celebrity libel lawyers […]

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When leaseholders unite …

Tower Hamlets Homes spends thousands to thwart recognised tenants’ association

Tower Hamlets Homes is spending thousands of pounds of taxpayers money on lawyers to thwart private leaseholders from forming a recognised tenants’ association. This is the sort of manoeuvre adopted by some of London’s most secretive and well resourced landlords, not the housing branch of a local authority. The only serious power a recognised tenants’ […]

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Disgraceful …

Guardian reports the Blythe Court ground rent scandal

The Guardian newspaper has today reported the Blythe Court ground rent scandal that has left leaseholders with bills of up to £8,000 a year. In 95 years the ground rents can reach £8 million a year for a one-bedroom flat bought for £58,000, says the article, written by Guardian staff reporter Rupert Jones. It quotes […]

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