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You are here: Home / Archives for James Brokenshire

John Healey blasts the government over lack of support for existing leaseholders as Tory backbench unease grows

July 23, 2019 By Admin3

By Harry Scoffin In what is likely to be James Brokenshire’s final housing questions, the shadow housing secretary used the Communities Secretary’s “swan song session” yesterday to slam the government for being “too slow, too weak” on the leasehold scandal. While welcoming the ongoing Competition and Markets Authority leasehold inquiry, John Healey also took aim […]

Filed Under: Latest News, News, Parliament Tagged With: Crispin Blunt MP, Eddie Hughes MP, ground rents, James Brokenshire, James Brokenshire MP, John Healey MP

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

November 29, 2018 By admin

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, […]

Filed Under: Cladding crisis, Latest News, News, William Waldorf Astor Tagged With: Abacus Land 4 Limited, Cypress Place, Heysmoor Heights, James Brokenshire, Lendlease, Nova House, Vallea Court, Will Astor

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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The Leasehold Knowledge Partnership, a registered charity and the secretariat of the All Party Parliamentary Group on leasehold and commonhold reform, is explained here

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Leasehold ‘a lucrative way to stop people from buying their own home outright’ – Daily Mail

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MPs don’t like what they see …

Baroness Gardner calls for leaseholders’ money held by managing agents to be protected

Following the conviction of fraudster Simon van Houten, 31, the Rendall and Rittner managing agent who will be jailed for stealing £122,000 next Thursday, Baroness Gardner of Parkes is calling for leaseholder funds to be protected. On Monday in the House of Lords, she is to ask the Government to introduce a transparent scheme, similar […]

Can the Leasehold Advisory Service monopoly survive devastating questioning by Select Committee?

– Select Committee deluged with complaints about taxpayer funded organisation – It failed to alert government to scandals over ground rents and proliferation of leasehold houses – Why did it hold seminars advising freeholders how to exploit leaseholders? – ‘Huge credibility problem’ for LEASE among leaseholders, says MP: it is working against them – Why […]

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Ground rent scandals

Housebuilders sitting on 600,000 plots of land, while taxpayers pour in billions through Help To Buy

Housebuilders sitting on 600,000 plots of land, while taxpayers pour in billions through Help To Buy The Guardian reveals the extend of plc house builders landbanking in an article published on December 30 2018. Sadly omits Churchill Retirement and McCarthy and Stone – the latter having a particularly healthy land bank. It argued that – […]

Savills and Allsops: Why ground rents from people’s home are just so ‘attractive’

Here is a good example of how the sector – that blob of property interests, from builders to offshore investors – view swathes of peoples homes in leasehold England. In 2012 Savills analysed the ground rent market, and did a pretty good job. Under the title, ground rents “An unusual yet attractive investment” the giant […]

Telegraph reports ‘marketing cobblers’ of 999-year ‘virtual freeholds’ with lethal ground rents

The Daily Telegraph website has reported the issue of eye-watering ground rent multiples sold to homebyers by mainstream developers. Louie Burns, of Leasehold Solutions, offered the example of flats in Islington, north London, where grounds rents starting at £250 per year per flat would grow over the term of the 999-year lease to… £68,719,476,736,000. Mr […]

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Grenfell cladding

Blenheim Centre flat owners to be spared £20,000-30,000 each on Grenfell cladding bill, Legal & General tells LKP

Legal & General has announced that it will pick up the entire, multi-million pound cost of removing the Grenfell-style cladding at flats above the Blenheim Centre in Hounslow, west London, it has informed LKP. This means that the 334 residential leaseholders at the flats, called Reflexions, will be spared repair bills estimated between £20,000 and […]

Barking fire site is owned by anonymous investors in Adriatic Land

And what the balconies were like before the fire: LKP has been informed that the headlease owner of De Pass Gardens on Barking Riverside, which witnessed a serious fire today, is Adriatic Land 4. These companies are part of the £1.6 billion ground rent fund Long Harbour. The ultimate beneficial ownership of these freeholds / […]

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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 …

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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