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You are here: Home / Archives for Michael Ball

Will Lord Best’s proposals produce a healthy retirement housing market …

November 24, 2014 By admin

… Or help perpetuate what is already wrong with it? – Government should underwrite retirement flat purchases like Help To Buy scheme – There should not be any stamp duty when downsizing – Schemes where some service charges are deferred until a property is sold should be ‘made available more widely’ – Retirement accommodation offers huge savings over maintaining family […]

Filed Under: Housing associations, Latest News, News, Parliament, Retirement Tagged With: Andrew Burgess, APPG, ARCO, Bob Bessell, Cass Business School, Channel Four Dispatches, Charles Ponsonby House, Churchill Retirement Living, Demos, Elim Court, Extra Care Charitable Trust, Gary Day, Hallmark, Les Mayhew, LifeCare Residences, Lord Best, McCarthy and Stone, Michael Ball, Michael Voges, Oakland Court, Ortus Homes, Planning Issues Limited, Retirement, Retirement Security Limited, Strand Court, Viridian Housing

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 …

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MPs don’t like what they see …

Justin Madders delays Leasehold Reform Bill and calls on the Government to provide justice for leaseholders

Labour MP for Ellesmere Port & Neston, Justin Madders has delayed the second reading of the Leasehold Reform Bill until  October 26 2018.  The Bill seeks to introduce a statutory formula for enfranchisement and lease extension similar to schemes in Northern Ireland and Scotland. It will end the incessant game-playing and revenues from the lease […]

Competition and Markets Authority cannot investigate leasehold mis-selling because of Brexit, Brokenshire told

The Competition and Markets Authority agrees that leaseholders trapped by rip-off ground rents are suffering “significant detriment”, but Brexit means it cannot help. This was the bleak message to Communities Secretary James Brokenshire last November. “Our ability to launch new discretionary work such as this is significantly affected by the near-time preparations that we must […]

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Ground rent scandals

Leasehold house owners thank Brokenshire after Persimmon sells freehold to leasehold house for less than £3,750

Here is an encouraging letter from the owners of a Persimmon leasehold house at Links Crescent, Seascale, in Cumbria. There is nothing remarkable in Persimmon selling a freehold for around £3,750, which is 25 x annual ground rent of £150. This is what our spoon-fed plc housebuilders – whose profits have been driven by taxpayer […]

Bellway fears backlash over leasehold houses may eat into profits

Bellway today confirmed that it is wary of a buyers’ backlash over the leasehold houses scandal. Chief executive Ted Ayres has robustly stated that there is no such thing as a leasehold houses scandal, even though Taylor Wimpey has undertaken not to build them from January 1 this year. Between 2007 and 2011 Taylor Wimpey […]

Leasehold houses are the ‘spivvy idea of a financial director to make more money on wet Thursday afternoon’, says MP

Andrew Selous, Conservative MP for South West Bedfordshire, told the All Party Parliamentary Group on leasehold reform on April 19 that leasehold houses were “despicable”. “For me, this is a spivvy financial director dreaming up on a wet Thursday afternoon how developers can get another stream of income. We should not be treating homeowners in […]

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Grenfell cladding

Grenfell cladding leaseholders form campaign group

A campaign group of leaseholders in private blocks with Grenfell cladding is being formed. It is calling itself the UK Cladding Action Group: UKCAG and can be contacted here: ukcladdingactiongroup@gmail.com LKP welcomes the initiative and will do all that it can to assist. The Guardian reports: “Only 10 of the 173 private buildings discovered with […]

Will Astor ‘tried to nobble reform of ground rents’, Daily Mail claims

The ground rent speculator – and former employee of Vincent Tchenguiz – Will Astor mounted an eleventh hour lobbying effort to derail reform of leasehold, reports the Daily Mail today. The Mail claims that the 38-year-old, who is the half brother-in-law of former prime minister David Cameron, hired London-based PR firm Pagefield through his £1.3 […]

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When leaseholders unite …

MPs back Leasehold Knowledge Partnership call to reform residents’ associations – drawn up by the man who won back £500,000 off Tchenguiz / Peverel

The Leasehold Knowledge Partnership has proposed changing the government regulations on the creation of residents’ associations, and has received widespread backing for the reform. The key changes that have been presented to Communities Secretary Eric Pickles are: That residents associations can be recognised with 50 per cent of qualifying residents plus one supporting the move, […]

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Disgraceful …

BBC R4’s You & Yours feature Blythe Court … and now the freeholder wants ‘more ethical approach to charges’

  The scandalous ground rent charges at Blythe Court featured on BBC Radio 4’s You & Yours programme just before 1pm today. It can be heard here at 31.43 Leaseholders at the site were interviewed, including Kadian Kennelly, 32, and Patrick Majszyk, 32. Sir Peter Bottomley said he was still seeking explanation from the site’s […]

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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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