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You are here: Home / Archives for Commonhold

Taxpayers funding two leasehold houses a day in 2019 through Help To Buy … despite government saying THREE times they should be banned

November 29, 2019 By Admin3 16 Comments

By Harry Scoffin Almost two years on from the announcement of a ban on the sale of new-build houses as leasehold tenancies, developers are continuing to cash in on the practice. According to government figures published yesterday, the first half of 2019 has seen Help To Buy equity loans taken out on 395 leasehold houses. […]

Filed Under: Latest News, News, Press Tagged With: Commonhold, Help To Buy, leasehold houses

Feudal Dubai cracks down on bloated service charges in flats … and puts added oomph in commonhold

November 21, 2019 By Admin3 Leave a Comment

By Harry Scoffin The property law may have been issued by royal decree, but there was nothing feudal about the package of measures that took effect earlier this week in Dubai. Following debates over high and opaque bills eroding owners’ capital values and rental yields, the emirate has moved to end rip-off service charges and […]

Filed Under: Latest News, News Tagged With: Commonhold, Dubai, Strata-title

Tory trailblazers get Tower Hamlets to come out for commonhold in London first

November 14, 2019 By Admin3 1 Comment

By Harry Scoffin Campaigners calling for commonhold homeownership received a boost last night as Tower Hamlets voted against landlord-controlled leaseholds. The motion put forward by Tower Hamlets’ two Tory councillors, and amended by the dominant Labour party, passed unanimously. It makes the local authority the first London borough to formally acknowledge the controversies surrounding the […]

Filed Under: Latest News, Local authority leasehold, News Tagged With: Canary Riverside, Commonhold, Harry Scoffin, John Christodoulou, Tower Hamlets, West India Quay

Don’t forget about 10 million voters, Bottomley tells the government … which omitted leasehold reform from the Queen’s speech

October 17, 2019 By Admin3

By Harry Scoffin As MPs debated the Queen’s speech on Monday, Sir Peter Bottomley demanded the government urgently brings forward legislation to help the “10 million people” at risk of abuse in leasehold properties, “a very high proportion of our electorate”. The Tory veteran remade the case for bold action on the leasehold scandal, saying […]

Filed Under: Latest News, News, Parliament Tagged With: Commonhold, ground rents, John Healey, John Healey MP, Robert Jenrick, Sir Peter Bottomley

Welsh policymakers back monetary ground rents while pondering ‘compulsory commonhold’

July 22, 2019 By Admin3

By Harry Scoffin Developers should continue to be able to profit from selling the freehold reversion, a report commissioned by the Welsh government has concluded. Although the UK government has recently re-committed to banning ground rents on new leases in England, ministers in Wales may still come out in favour of monetary ground rents. Housing […]

Filed Under: Latest News, News Tagged With: ARMA, Cassandra Zanelli, Commonhold, ground rents, Long Harbour, Wales

Seize ‘golden opportunity’ offered by Help To Buy 2021 to end taxpayer-funded spread of toxic leasehold, urges Tory MP Crispin Blunt

July 5, 2019 By Admin3

Let’s be Blunt, Mr Brokenshire … Witness what MP Crispin Blunt from Surrey has to say No time for mincing words No time for wasting taxpayers’ money And certainly no time for land inequality By Harry Scoffin In the run-up to last Thursday’s announcement that future leasehold houses and monetary ground rents on flats are […]

Filed Under: Latest News, News Tagged With: Commonhold, Crispin Blunt MP, Help To Buy, Law Commission, Professor Nicholas Hopkins

‘The genie is out of the bottle,’ three lawyers solemnly explain to industry insiders in Estates Gazette  

July 3, 2019 By Admin3

By Harry Scoffin The Estates Gazette has recently provided insight into the thinking of the obfuscators of the leasehold sector. The opinion piece makes delicious reading for leasehold campaigners and others pushing for fairness in this murky corner of the housing market. * The genie is out of the bottle The volume and pace of […]

Filed Under: Commonhold, Communities Select Committee, Latest News, News Tagged With: Commonhold, Communities Select Committee, ground rents, Law Commission, leasehold and commonhold reform, leasehold reform

Exclusive: Commonhold can only work if ground rents are banned, said Ministry of Justice – in 2009!

June 19, 2019 By Admin3

By Harry Scoffin As government stands ready to issue its verdict on the Communities Select Committee report and the findings of the public consultation from November, Leasehold Knowledge Partnership turns back the clock to 2009. There was no LKP, no All Party Parliamentary Group on leasehold reform, and no social media movement like the National […]

Filed Under: Commonhold, Latest News, News Tagged With: Commonhold, ground rents, Ministry of Justice

Tory maverick MP Crispin Blunt is urged to back Help To Buy ONLY on commonhold

May 10, 2019 By Admin3

By Harry Scoffin Conservative MP Crispin Blunt is being urged to throw his weight behind an LKP-backed proposal to make state support for developers contingent on selling ALL new-build flats as commonhold or share of freehold. The appeal to a Tory backbencher who has characterised leasehold tenure as an “arcane feudal system” may have resonance […]

Filed Under: Commonhold, Latest News, News, Parliament Tagged With: Commonhold, Crispin Blunt MP, Help To Buy

Estate Agent Today supports LKP’s campaign to introduce commonhold

April 24, 2019 By admin

The trade news website Estate Agent Today has come out in favour of LKP’s campaign to introduce commonhold. It is the latest endorsement of a campaign to reinvigorate commonhold, which has been on the statute book since 2002 but has not had take up because developers and assorted speculators make so much money playing the […]

Filed Under: Commonhold, Latest News, News, Press Tagged With: Commonhold, Estate Agent Today

Leasehold first-time buyers trapped in leasehold homes with £800 ground rents, says BBC

March 7, 2019 By admin

The BBC website today features a first-time buyer of a leasehold house in Liverpool who pays £800 a year in ground rent and service charges. The BBC website reports the case of Ashleigh Wilson, 27, who bought her £200,000 home in Knowsley four years ago but now cannot sell it because of the lease terms. […]

Filed Under: Latest News, News, Press Tagged With: BBC, Commonhold, leasehold houses

Housebuilders WILL benefit from commonhold, Hopton Build developer tells Law Commission

February 25, 2019 By Admin3

By Harry Scoffin The housebuilder owner of Hopton Build who is completing a commonhold scheme in Yorkshire told the Law Commission last week that the tenure works and will benefit housebuilders. Stewart Moxon, of Hopton Build, which is selling a site in Liversedge, near Huddersfield, said: “Believe me, developers will do well out of commonhold. […]

Filed Under: Commonhold, Latest News, Law Commission, News Tagged With: Commonhold, Law Commission, Stewart Moxon

Leaseholders and the sector react to Law Commission reforms to commonhold and right to manage

February 15, 2019 By admin

There is bound to be a contrast between successful professionals in the leasehold sector discussing reforms, and the reactions of more emotive leaseholders who see themselves as the victims of its injustices. Examples of both were evident on Tuesday at the Law Commission’s symposium at London University’s law faculty. Consultation on the proposals to reform […]

Filed Under: Commonhold, Latest News, Law Commission, News, RTM Tagged With: Commonhold, Law Commission, right to manage, Shula Rich

LKP persuades government to allow commonhold tenure on Help To Buy

January 18, 2019 By admin

The government has back-tracked on the bar on Help To Buy for commonhold properties and will now allow purchases of this form of tenure, which prevails in the world outside England and Wales. For God’s sake! Now it emerges £8.3 billion Help To Buy scheme – that turned house builder executives into multi-millionaires – is […]

Filed Under: Commonhold, Latest News, News Tagged With: Commonhold, Help To Buy, Hopton Build, Stewart Moxon

LKP praises Law Commission over commonhold in Telegraph

December 18, 2018 By admin

Commonhold is slowly working its way into the national consciousness – 16 years after being introduced to the statute book. Last Friday, Sam Barker in the Daily Telegraph reported the Law Commission’s study of the tenure. Commonhold exists almost all jurisdictions apart from England and Wales, where flats and over a million houses are held […]

Filed Under: Commonhold, Latest News, News, Press Tagged With: Commonhold, Sir Peter Bottomley, The Daily Telegraph

‘The time is right for commonhold,’ announces Law Commission. (Pity the government doesn’t agree …)

December 10, 2018 By admin

    Push for alternative to leasehold system Expansion of the commonhold system of home ownership as an alternative to leasehold tenancies has been urged by the government’s law reform adviser. Commonhold – where people own their homes without an expiring lease – was introduced 14 years ago, but has been little-used. Meanwhile, there have […]

Filed Under: Commonhold, Latest News, Law Commission, News Tagged With: Commonhold, Law Commission, Professor Nicholas Hopkins

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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
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Press

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MPs don’t like what they see …

Speculators in freeholds knew the risks and can take the hit, suggests Labour shadow City minister Jonathan Reynolds MP

As for £32,000 for painting flats corridors, they could have been painted in “gold” … Commons debate, July 11 2019 Investors in the freeholds of ordinary families’ homes knew the political risks of these speculations, Labour’s shadow City minister Jonathan Reynolds told the Commons. The implication of this is … they can take the consequences […]

LKP suggestions prompt amendments to Housing Bill

The House of Lords today discussed LKP suggested amendments to the Housing Bill to increase fairness for leaseholders. Proposed by Lord Young of Cookham – better known as the former Conservative MP Sir George Young – the first of his two amendments aimed to “level the playing field—which is currently tilted in favour of freeholders—for […]

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Ground rent scandals

Bottomley tells Taylor Wimpey to explain ‘sharp practice’ ground rents – and asks for names of directors who approved them

Sir Peter Bottomley (right) has demanded that Taylor Wimpey explain its “unfair ground rent” provisions to the All Party Parliamentary Group on leasehold reform. Yesterday he told fellow MPs at the APPG meeting chaired by Jim Fitzpatrick, Labour MP for Poplar and Limehouse: “The ground rent increase may have been legal. It is clearly undesirable. […]

Daily Mail on leasehold houses and doubling ground rent scandals

Sajid Javid’s leasehold reforms don’t go far enough, claim victims More than 100,000 homeowners find their houses effectively unsellable Some unfortunate owners have seen their ground rents doubling every year Sajid Javid has announced an eight-week consultation on the vexed issue Builder Taylor Wimpey has set aside £130 million to deal with legal claims Plans […]

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 […]

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Grenfell cladding

Croydon leaseholders at Citiscape face £750,000 bill to remove Grenfell Tower cladding

At least 20 private blocks affected Bills for fire marshals at one site have reached £16,000 a week Leaseholders in the Citiscape block of flats in Croydon face a £750,000 – £1 million bill to remove the same insulation cladding involved in the Grenfell Tower fire. Two fire marshals are employed 24/7 at £5,000 a […]

Why should Will Astor, Tchenguiz etc be paying to remove Grenfell cladding?

By Sebastian O’Kelly Government plans leaked in The Times to force residential freehold speculators to pay to remove Grenfell cladding from private blocks are doomed to fail. The proposals would almost certainly face legal challenges. They are the latest in a series of disastrous announcements, which followed Communities Secretary James Brokenshire reneging on his predecessor […]

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When leaseholders unite …

Why does it take 60% of leasehold residents to create a tenants’ association – and only 30% of his constituency to elect Housing Minister Mark Prisk?

The Leasehold Knowledge Partnership is strongly urging Housing Minister Mark Prisk (right) to change the rules to recognise tenants’ associations, as leasehold residents’ associations are formally known in law. At present they can only be set up when 60 per cent of the residents ask for one to be recognised by their freeholder. This is a […]

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Disgraceful …

Barnard Marcus withdraws Blythe Court flat from auction

Barnard Marcus Auctioneers, part of the Sequence Auctions group, has suspended the sale of 1 Blythe Court. It has a ground rent of £8,000 a year, and the deed of variation outlining this condition does not appear to be in the legal documentation accompanying the sale. The flat belongs to Margaret Anne Kirmond, wife of […]

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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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