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You are here: Home / Archives for LBC

Cars with faults get recalled. So why not flats with Grenfell cladding?

January 19, 2018 By admin

By Michael Epstein Once more the utter failure of leasehold has been exposed by the plight faced by residents at Citiscape, Croydon where it has been found that the same cladding fitted at Grenfell Tower adorns their development. Clearly in all cases where similar cladding is fitted as a matter of some urgency they have […]

Filed Under: Latest News, Michael Epstein, News, Press Tagged With: LBC, Michael Epstein

Election: Your chance to ask Theresa May about the leasehold scandals

May 10, 2017 By admin

LBC have invited people to email questions for Theresa May for the show at 7pm tomorrow. election@lbc.co.uk How about this for starters: Housebuilders are building exploitative leasehold houses and flats with outrageous lease terms, such as high and doubling ground rents. Many have been sold with taxpayers’ help through Help To Buy. Taylor Wimpey is […]

Filed Under: Ground rent scandal, Latest News, News, Press, Taylor Wimpey Tagged With: Help To Buy, LBC, 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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Press

Would you choose a good night out, or 500 freehold acres of Mayfair and Belgravia?

Full Press archive

MPs don’t like what they see …

Marie Rimmer MP: how can a modest Taylor Wimpey leasehold house in St Helens pay out £185,850 to freehold investors over 60 years?

… It is unsellable, say leaseholders … Taylor Wimpey assistance scheme a ‘publicity stunt’ … and why has the freehold ownership transferred FOUR times? 2009 Taylor Wimpey 2012 UK Ground Rent Estates (3) Ltd & Wilson Connolly Ltd 2015 Adriatric Land 2 (GR2) Ltd 2017 Adriatric Land 1 (GR2) Ltd Taylor Wimpey leaseholders in St […]

Government to ask Will Astor: who is the offshore freeholder at Heysmoor Heights (where ordinary families face £18k Grenfell cladding bills)?

The government said yesterday that it was going to haul in the agents for the Guernsey-based freeholders of Heysmoor Heights in Liverpool, which has Grenfell cladding, and demand to know who the freeholders are. LKP has highlighted the issue of Heysmoor Heights several times. Yesterday it was raised in the Commons by local Labour MP […]

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Ground rent scandals

Homebuyer calls for Persimmon boycott, and local MP Andrew Selous agrees with him!

A potential homebuyer is calling for a boycott of Persimmon Homes as it is selling its houses leasehold and flogging the freehold off to anonymous investors. The buyer’s And his MP, Andrew Selous, backs his concerns and says Persimmon’s approach “stinks”, according to the Leighton Buzzard Gazette. The man, who is due to complete on […]

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 […]

Guardian sticks with new-build ground rent scandal, while LKP advises Persimmon home buyers to walk away

By Sebastian O’Kelly (This article is bylined in order to declare an interest as the author is a shareholder in Persimmon and Barratt) If Taylor Wimpey, Persimmon, Bellway and other developers playing the angles of leasehold thought the row over cheating ground rents would go away, they must be disabused by now. Today The Guardian […]

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Grenfell cladding

What to do about the Grenfell cladding scandal, asks Oxford conference

Victoria, one of Australia’s eight states/ territories, has put aside £330m to remediate Grenfell cladding: England has come up with £200m By Sebastian O’Kelly Mansfield College, Oxford, hosted a fascinating one-day conference yesterday into the Grenfell tragedy and its devastating repercussions to flat owners in blocks with similar cladding across the world. Lawyers predominated, but […]

Ground rent speculators Pemberstone seek £3m tribunal ruling over Grenfell cladding

Another ground rent speculator, the Pemberstone Group, is seeking a tribunal ruling to dump Grenfell cladding costs on 300 leaseholders at two Manchester sites, reports The Independent today. The two sites are Cypress Place and Vallea Court in the so-called “Green Quarter” of the city. The sites were built by Australian builder Lendlease but the […]

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When leaseholders unite …

Why has it taken so long to regulate the leasehold sector?

For over a decade successive Housing Ministers and Secretaries of State have been assured by civil servants that leasehold legislation was balanced, and that self-regulation in the leasehold sector was working well. That position abruptly ended earlier this year when Secretary of State Sajid Javid announced that the government now intended to crack down on […]

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Disgraceful …

Martin Paine resigns from IRPM after leaseholder complaint

Following a complaint to the Institute of Residential Property Management (IRPM) Martin Paine has chosen to resign his position as a member rather than face investigation. On several occasions in the last 18 months this site has reported on the exploits of Martin Paine, his FCA regulated wife, Ann Kirmond (Ref no MAK01110), and their […]

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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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