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You are here: Home / Archives for Robert Neil MP

Grenfell cladding debate: Who thinks offshore freeholders will pay (apart from government ministers)?

March 7, 2018 By admin

– Government should retrospectively ensure leaseholders are a legal party to insurance and warranties – Identify offshore freeholders demanding huge sums of money, MP demands – Get freeholders in front of Communities Select Committee – Waive VAT on cladding replacement costs, says Bottomley – Steve Reed MP: ‘No other country in the European Union permits […]

Filed Under: Grenfell cladding, Jim Fitzpatrick MP, Latest News, News, Parliament, Tchenguiz, William Waldorf Astor Tagged With: Blenheim Centre, British Research Establishment, British Virgin Islands, Citiscape, Dominic Raab, Galliard, Glasgow Harbour, Grenfell cladding, Jim Fitzpatrick MP, Kingspan, Legal & General, Louise Ellman MP, Luke Pollard MP, Martin Day MP, Matthew Pennycook MP, National House Building Council, New Capital Quay, Panama Papers, Premier House, Robert Neil MP, Sarah Jones MP, Sesame Apartments, Sir Peter Bottomley, Steve Reed MP, Tchenguiz Family Trust, William Kenneth Procter

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Last year: £64.8bn leasehold properties sold. £13.7bn was new-build. Leasehold house numbers double. Developers make £300-500 million a year from ground rent sales

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Press

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MPs don’t like what they see …

You need professional property managers to deal with fire safety in high-rises, says FirstPort CEO Nigel Howell


APPG, April 26 The chief executive of FirstPort welcomed more professionalism in the residential property management sector, especially when dealing with vitally important issues such as tower blocks with defective cladding. Nigel Howell also told the APPG on April 26 how his company responded to the discovery of Grenfell cladding at Citiscape in Croydon, where […]

APPG July 11: Retirement event fees ‘align interests of buyers and operators’, Michael Voges tells meeting

By Michael Voges, executive director ARCO Retirement event fees – a term used to describe exit fees on re-sale – align interests of buyers and operators and are the business model for retirement housing in New Zealand, Australia and the US, said Michael Voges, executive director of the trade body the Association of Retirement Community […]

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Ground rent scandals

Leaked Taylor Wimpey document showing doubling ground sales TODAY is “an oversight”

A leaked Taylor Wimpey document says that it is still selling flats with doubling ground rents but it is “an oversight” and “incorrect”, according to CEO Pete Redfern. Translation: This is an unaccountable blunder contradicting everything Taylor Wimpey has told MPs and press about its ground rent policy. The document, dated December 2016, clearly states […]

APPG July 11: Robust debate over retirement ground rents and event fees

By Sebastian OKelly, LKP trustee The controversial issues of ground rents and exit fees in retirement housing were discussed at this week’s meeting of the All Party Parliamentary Group on leasehold and commonhold reform. These were the main event in a meeting which also had an insider’s examination of leasehold insurance commissions, and why developers […]

Ground rent scandal risks becoming full-blown crisis as loans are refused on blighted homes

The ground rent scandal risks becoming a full blown housing crisis as mortgage lenders refuse to loans for homes with onerous terms, says the Leasehold Knowledge Partnership. This week LKP was contacted by two buyers who had had their mortgages refused, even though the terms are not that onerous. One was in London, where the […]

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Grenfell cladding

(Galliard v NHBC v the Government v Cladding suppliers) v the Leaseholders

This week saw The Times, the Guardian and the BBC reporting on the ‘New Capital Quay’ site in Greenwich.This site is the largest privately owned development in the UK with ACM type cladding. Costs for replacing the cladding are being suggested at £20 million or even £40 million. In an interview for ‘You and Yours’ […]

Will Heysmoor Heights leaseholders lose their homes to anonymous offshore freeholder if they cannot pay Grenfell bills?

Will Astor asked whether he has beneficial interest in Abacus Land 4 Limited   The anonymous world of offshore ownership in the leasehold sector is placed in sharp relief by families facing £18,000 demands to remove Grenfell cladding and pay for fire marshals at Heysmoor Heights, in Toxteth in Liverpool. The freeholder is Abacus Land […]

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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 …

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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