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You are here: Home / Archives for Christopher Charles McGill

Change your doubling ground rents before the John Lewis Partnerships Pension Trust sells the freehold, urges LKP

November 9, 2017 By admin

LKP is urging sites where the freehold owner is the John Lewis Partnership Pensions Trust to demand their leases be varied to RPI … before the Trust sells them. The trustees, who have met LKP and our MP patrons, is eager to disembarrass itself of the freehold assets, which are managed by E&M, part of […]

Filed Under: E&J Capital Partners, Latest News, News Tagged With: Andrew Selous MP, Christopher Charles McGill, E&J Capital Partners, Fairhatch GR Limited, JLPPT Holdco 5 Limited, John Lewis Partnership Pensions Trust, Kenneth William Procter, Paul Hallam

What is LKP?

The All Party Parliamentary Group for leasehold and commonhold reform ceases with the dissolution of Parliament. But we will be back after the election …

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

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Number of leasehold homes is DOUBLE the figure the government believes, says the Leasehold Knowledge Partnership

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Press

Hilary Benn rounds on Miller Homes in Leeds constituency

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MPs don’t like what they see …

Mortgage lenders and conveyancers lay bare the rot of leasehold to MPs

… and MPs says profiteering freeholders will be treated ‘like Philip Green’ … LKP patrons call for another Commons debate on leasehold Mortgage lenders and conveyancers yesterday told MPs in the All Party Parliamentary Group that leasehold is in desperate need of legislative reform. The cautious Council of Mortgage Lenders, now renamed UK Finance, spoke […]

71% of leasehold house buyers used developer recommended solicitors

We estimate that 37,960 leasehold houses have been registered on the Land Registry since 2010. It has hugely increased: 3,420 leasehold houses were registered in 2010; that became 8,775 in 2015. Figures for 2016 are still coming through. They are 8,230 to date, but we are only getting into December registrations now. Since we began […]

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Ground rent scandals

LKP meets Competition and Markets Authority over leasehold house mis-selling

The Competition and Markets Authority was given LKP’s insight into the leasehold houses mis-selling scandal yesterday. The meeting was hosted by LKP patrons and APPG co-chairs MPs Sir Peter Bottomley and Jim Fitzpatrick and Justin Madders, the deputy APPG chair on leasehold reform. Mr Madders, a solicitor, has spoken out many times about the mis-selling […]

Commons debate leasehold. Tuesday December 20

Commons debate leasehold. Tuesday December 20 The case made for the debate by Jim Fitzpatrick and Sir Peter Bottomley can be watched on parliament’s own TV here: http://parliamentlive.tv/event/index/5069cc08-aeee-4451-93d8-fef9b0802407?in=14:31:10 The Commons library briefing on the debate is here: http://researchbriefings.parliament.uk/ResearchBriefing/Summary/CDP-2016-0253

‘I don’t see why houses are sold leasehold,’ says prime minister. Is this the final nail?

Today in the House of Commons Prime Minister Theresa May added her voice to the many others behind LKP’s campaign to stop the sale of new build leasehold houses. In Prime Ministers Question MP Andrew Selous  asked about the practice of developers buying freehold land and selling on leasehold houses which he explained resulted in […]

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Grenfell cladding

Grenfell cladding scandal: Have 600,000 ‘mortgage prisoners’ destroyed the leasehold system?

Comment By Sebastian O’Kelly It is now thought that between 300,000 to 500,000 flats are covered in various forms of combustible cladding. This may affect the lives of more than 600,000 people. It is going to cost billions to remove this material. These figures dwarf the sums involved in the onerous ground rent scandal. They […]

Paddington Walk leaseholders have paid £3.5m to remove Grenfell cladding, with more to come …

Leaseholders at Paddington Walk have paid out £3.5 million to remove Grenfell cladding from the site, even though ministers have said leaseholders should not pay. An additional bill of £5.4 million is on the way, according to Inside Housing. The site was built in 2005 by European Land and Property, a joint venture development company […]

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When leaseholders unite …

LKP and Bottomley at Number 10 to reverse flawed reform of recognised tenants’ associations

LKP chair Martin Boyd and Sir Peter Bottomley attended a meeting at Number 10 yesterday to urge government to overturn its flawed statutory instrument to reform recognised tenants’ associations. The MHCLG announced changes in October and made the existing arrangements even worse for leaseholders. The key hurdle faced by leaseholders is to contact their leasehold-owning […]

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Disgraceful …

Martin Paine, embedded management companies, LKP … all raised in Queen’s speech debate

These issues were raised by Sir Peter Bottomley in the Queen’s Speech debate yesterday Let me turn to other issues that come up for Back Benchers. I pick up causes, one of which came about as a result of an incident in my constituency regarding leasehold, when some elderly, frail and poor people found themselves […]

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RSS Latest news from Better Retirement Housing

  • The Times says families ‘lost £3 billion’ on resales of leasehold retirement flats, while developers and freehold speculators made millions
  • Churchill Retirement donates £150,000 to Conservatives. To retain ground rents, by any chance?
  • Guardian reports dismal retirement flat re-sale prices, as seller ponders £28,000 offer
  • Your Housing Group shared equity retirement flat that sold for £38,000 on ITV
  • Elderly Accommodation Counsel says ‘recent retirement flat resales have increased in value’

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