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You are here: Home / Archives for Huw Merriman MP

Huw Merriman calls for zero ground rents for retirement leasehold at prime minister’s questions

March 6, 2019 By admin

Tory MP Huw Merriman called for zero ground rents for retirement housing at prime minister’s questions today. He talked of pensioners trapped in McCathy & Stone properties, which have fast depreciating values. He named Vincent Tchenguiz, whose Tchenguiz Family Trust in the British Virgin Islands ultimately owns the old McCarthy and Stone freehold book, and […]

Filed Under: Latest News, News, Parliament Tagged With: FirstPort, Huw Merriman MP, McCarthy and Stone, Theresa May

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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MPs don’t like what they see …

For first time in 14 years, Westminster hears more of commonhold

  The Leasehold Knowledge Partnership held a roundtable meeting last week to address commonhold, the form of flat ownership that prevails in the rest of the world – and has failed to make any inroads into England and Wales. These are the only two countries in the world where flats are sold on long tenancies […]

Notice: October 29 2019, AGM of the All-Party Parliamentary Group on leasehold and commonhold reform

The co-chairs Sir Peter Bottomley, Jim Fitzpatrick and Sir Edward Davey welcome all MPs  to join the All-Party Parliamentary Group on Leasehold and Commonhold reform for its AGM Date: Tuesday 29th October, Time: 11:15am, Venue: room N, Portcullis House Please contact Katherine O’ Riordan: katherine.oriordan@parliament.uk This invitation is a formal notification by the secretariat of […]

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Ground rent scandals

Leaseholders to stage ground rent demo at Redrow’s Ledsham Garden Village

This Saturday leaseholders will stage a two-hour demonstration outside the sales suite of Redrow’s Ledsham Garden Village in Cheshire where the builder is flogging leasehold houses. The proposed action is reported in the Chester Chronicle here  The protest has been organised by the Facebook group the National Leasehold Campaign, whose 2,300 membership is mainly from […]

Ground rents to be allowed in retirement housing, says government

Retirement house builders are to be exempt from the government’s elastic proposals to reduce ground rents to £10. This is a triumph for the lobbying efforts of the retirement house builders. “Unlike most parts of the leasehold market, where leaseholders do not gain any tangible benefit from paying ground rent, it is clear that they […]

Here we go … Bellway porkies to talk up leasehold

Bellway is circulating a leaflet in the North West to try to persuade potential buyers that all is well with a leasehold house purchase. “As part of a leasehold tenure, the homeowner will pay a modest ground rent which they will be made aware of upon enquiry or at the point of reservation …” That […]

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Grenfell cladding

Grenfell Tower, what next?

LKP would like to express our deepest sympathy to all those affected by tragic fire at Grenfell Tower. Residents of flats across the country are now quite naturally also concerned about the saftey of their own blocks. The press has been speculating on who and what is to blame, but it will take experts some […]

Why AN14 is making your cladding flat impossible to sell

By Martin Boyd A growing number of leaseholders are discovering that selling their flat has become more difficult. Prospective buyers need to obtain a valuation for their lenders. Now, on thousands of homes, this may mean they need something called an ‘Advice Note 14’ (AN14) report and it many cases these reports do not exist! […]

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When leaseholders unite …

Has Brokenshire trashed Sajid Javid’s reforms of leasehold?

  October 14 2018 UPDATE: On January 29 2019 Communities Secretary James Brokenshire held a round table with leaseholder groups, assuring them that zero ground rents were on the table. Sebastian O’Kelly, of LKP and www.BetterRetirementHousing.com, argued for retirement housing also to lose its exemption from any ground rent ban.  This week we should have […]

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Disgraceful …

Affluent freehold-owning couple’s lease terms bring ruin to families who bought flats that are virtually worthless

  An affluent couple living in the idyllic Cotswold village of Lower Slaughter are funding their lives through leasehold property cleverness that is costing poorer property buyers thousands of pounds. Martin Paine and his wife Margaret Anne Kirmond are benefiting from the sale of flats at Blythe Court in Coleshill, Birmingham, which have a trap […]

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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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