Leasehold Knowledge Partnership

The registered charity for leaseholders

Menu
  • Home
    • Site map
    • Archive of posts by category
  • What is LKP
    • Privacy and Data Protection Statement
    • Site map
  • HELP FORM
  • News
      • APPG
      • ARMA
      • Bellway
      • Benjamin Mire
      • Brixton Hill Court
      • Canary Riverside
      • Charter Quay
      • Chelsea Bridge Wharf
      • Commonhold
      • Communities Select Committee
      • Conveyancing Association
      • Countrywide
      • DCLG
      • E&J Capital Partners
      • Exit fees
      • Fleecehold
      • Forfeiture
      • FPRA
      • Gleeson Homes
      • Ground rent scandal
      • Cladding crisis
      • Hanover
      • House managers flat
      • House of Lords
      • Housing associations
      • Informal lease extension
      • Insurance scams
      • IRPM
      • Jim Fitzpatrick MP
      • John Christodoulou
      • Justin Bates
      • Justin Madders MP
      • Law Commission
      • LEASE
      • Leasehold Valuation Tribunal
      • Local authority leasehold
      • London Assembly
      • Louie Burns
      • Martin Paine
      • McCarthy and Stone
      • Moskovitz / Gurvits
      • Mulberry Mews
      • National Leasehold Campaign
      • Oakland Court
      • OFT / CMA
      • Park Homes
      • Persimmon
      • Peverel
      • Philip Rainey QC
      • Plantation Wharf
      • Prostitutes
      • Quadrangle House
      • Recognised Tenants’ Association
      • Redrow
      • Retirement
      • RICS
      • Right To Manage Federation
      • Roger Southam
      • RTM
      • Sean Powell
      • SFO
      • Sinclair Gardens Investments
      • Sir Ed Davey
      • Sir Peter Bottomley
      • St George’s Wharf
      • Taylor Wimpey
      • Tchenguiz
      • West India Quay
      • William Waldorf Astor
      • Windrush Court
  • Accreditation
    • Accredited Companies
        • Block Managers Limited
        • Clear Building Management
        • Diamond Managing Agents
        • Dixon Emerald Associates
        • HML Group
        • Home from Home
        • Home Management Group
        • JFM Block & Estate Management
        • Jones Associates Letting & Management
        • Norwich Residential Management
        • Premier Block Management
        • Red Rock Property Management
        • Sapphire Property Management
        • Town & City Management
        • Urang Property Management
        • Vestra Property Management
  • Fighting back
      • Lease Extension
      • Q&As
      • Right to buy freehold
      • Commonhold
      • Bottomley blasts leasehold crimes on video
      • LVT/Property Chamber Survival
      • Tribunal triumphs … and defeats
      • Recognised Tenants’ Association
      • Right To Manage
      • Video
      • Find MP … and see how many leasehold voters
      • LEASE: what’s the point?
      • Pensioners win £68,500
      • Most damning LVT ruling ever made
      • Insurance racket
      • Local authority leasehold
      • Remember to extend your lease
      • St George’s wins £1 million
      • Leasehold law: the reforms
  • Sub-letting
  • Press
  • Contact
  • Parliament
      • Communities Select Committee
      • APPG
      • APPG December 14 2016
      • Commons Debate 20/12/16
      • APPG April 19 2017
      • APPG July 5 2017
      • APPG December 14 2016
  • Right To Manage
  • Lease Extension
  • National Leasehold Campaign
    • Louie Burns
    • Ground rent scandal
    • Michael Epstein
  • Donate
You are here: Home / Fighting back / Commonhold / Telegraph reports that leasehold newbuild flats are on the rise

Telegraph reports that leasehold newbuild flats are on the rise

January 19, 2016 By admin

TelegrapharticleREDONEA good article in the Telegraph about leasehold newbuild flats being on the rise.

They make up 43pc of all newbuild registrations with the Land Registry, compared with 22pc in 1996.

While leasehold newbuild flats were up by roughly 10,000, leasehold houses also sharply increased: registrations of newbuild detached leasehold houses more than doubled in 2015 to 2,829.

Persimmon has being doing a lot of this in Peterborough, as reported in the Daily Mail here

Sebastian O’Kelly, a director of Leasehold Knowledge Partnership, is quoted saying: “We are producing huge swathes of new leasehold homes. Older people are being encouraged into retirement flats, but these are nearly all leasehold.

“First-time buyers in flats and houses are being caught. Elderly and novice buyers are being forced into a tenure they do not always understand and where they have few rights.”

The truth of the matter is that given the huge advantages of leasehold to create sustained revenue streams, it is bound to grow.

Doubtless, housebuilders would like nothing better than to turn all the British people into tenants, embed long-term revenue streams and then flog the freeholds to offshore entities.

We need to stop them doing this.

Related posts:

Telegraph and Mail attack Nationwide for £54 million ground rent investments Daily Telegraph reports the new-build leasehold houses ban Ground rent strike ‘a very real possibility,’ reports Daily Telegraph Telegraph reports ‘marketing cobblers’ of 999-year ‘virtual freeholds’ with lethal ground rents Now Daily Telegraph wades into the leasehold house racket

Filed Under: Commonhold, Latest News, News, Persimmon, Press Tagged With: Persimmon, The Daily Telegraph

Contact LKP

Need help?

LKPhelp2The leasehold game is weighted against ordinary home-owning leaseholders, who aren’t professional players. LKP was set up to redress the balance, to help you win your disputes or at least avoid disasters.

If you have a leasehold problem, you can email sok@leaseholdknowledge or take a chance on calling 07808 328 230.

Or fill out this form, which ensures that you provide the essential information.

LKPnewsletter3

Professional services

The following advertisements are from firms that seek business from leaseholders. Click on the logos for company profiles.

Law

Right to manage

Lease extension / enfranchisement


capitalleasehold6-9ins

Insurance

Landscaping

limetree

LKP Managing Agents

Big managing agents are big because they have got business from developers or large-scale freehold owing companies. Doubtless they are very obliging.

Not a single one is big through consumer choice.

Managing agents accredited to LKP want business from leaseholders. Many are former leaseholders.

All have signed undertakings of good practice and have provided extensive references … from leaseholders.

They can also hand-hold leaseholders through right to manage at minimal cost.

Contact Sebastian O’Kelly at LKP for further details: sok@leaseholdknowledge.com, 07808 328 230

Please click on logos for link and details

Comments

  1. martin says

    January 19, 2016 at 6:04 pm

    Some of the numbers quoted in the Telegraph report will need a bit more checking. If we ever get enough time we also need to update our main report on the size of the sector.

    For too long people have tended to make up silly numbers when they talk about the size of the leasehold sector, which is why it took so much effort to help show government that it should produce more reliable data. The 4.1 million homes quoted in August 2014 was still a bit of an underestimate, but an enormous jump from the figures they used before.

    If anyone has read the recent LEASE press release, you will have seen it too has some new numbers that it attributes to itself in terms of regional distribution. These figures are wrong.

    LEASE’s estimate on the number of leasehold flats being built is not only wrong, but wrong by nearly 200%. The country is NOT building about 120,000 leasehold homes a year. While the data is not yet available for the whole year it looks as if about 135-145,000 homes will have been built in 2015, of which about 40-45,000 will be leasehold.

  2. Terry Mc says

    January 19, 2016 at 9:32 pm

    How preposterous that a government dept can’t calculate the number of houses/flats etc that are built annually are Leasehold or not.
    OK, if a similar dept was unsure of the amount of Canada Geese or the number of foreign football managers flying in to the UK over a set period one could understand and sympathise…but bricks and mortar should be fairly simple to add up.
    Surely this can’t be a further case of educationally dumbing down in the maths depts!!

    • martin says

      January 21, 2016 at 1:52 am

      The problem is counting apples and pears. Almost all the data collected on properties being built is set out in terms of houses and flats. Nobody regularly collects data on leasehold or freehold title, which is why it took us so long to come up with numbers that helped persuade government it needed to produce new official figures.

      The problem is that not all flats are leasehold: some do not have any title at the Land Registry.

      If a flat is in a socially rented block and the landlord chooses to register just the block, the flats will have no title at all on the Land Registry. The only time these properties would be registered, and therefore become leasehold, would be if a lease were created during a right-to-buy, or the flat became part of a shared ownership scheme.

      It gets a little difficult to track down which flats have no title. This is why our estimate of the total number of flats is about 1.8 million higher than the government number of leasehold properties including leasehold houses. There are also still a small number of flats that have something called a flying freehold, which are of course also not leasehold.

      Not all houses are freehold. Some are created as leasehold homes. The official estimate is that we have just over a million leasehold houses in England. That number seems a little high to us, but the statisticians at DCLG did a lot of checking and were confident the numbers were robust.

      So if we get rid of any potential double counting, then add the total number of flats including those that are not leasehold because they have no title, to the total number of houses that are leasehold that gets us somewhere well north of 6 million homes.

      .

  3. Leaseholder says

    January 19, 2016 at 10:04 pm

    “Flogging freeholds to off shore entities ” this is basically a cut & dry, tax avoidance scheme and an insult to all law abiding uk taxpayers, whether they own their home, are tenants or leaseholders. The chancellor needs to look into them and tax accordingly.

  4. Michael Epstein says

    January 19, 2016 at 10:44 pm

    If the government can’t calculate the number of leaseholds in this country, couldn’t David Cameron ask Samantha to ask her step-brother?

LKPnewsletter3

Tweets by @LKPleasehold

LEASE: the case for reform

Wanda Goldwag: You owe an apology. You know it. And it is overdue

Bottomley and Fitzpatrick defend LKP in Commons and insist on co-operation with Leasehold Advisory Service Commons debate, July 11 2019 By Sebastian O’Kelly Some of the contributions to the Commons leasehold debate on July 11 of both Sir Peter Bottomley and Jim Fitzpatrick would have been lost on almost everyone in the chamber, but not […]

Government’s slightly wobbly response to the excellent report of the Communities Select Committee

By Sebastian O’Kelly The government’s engagement with leasehold abuses is revealed in a lurching, one-step-forward and one-step-back reaction to the Communities Select Committee’s excellent critique of the sector, published today. There are some good things, such as “unfair practices in the leasehold market that can turn people’s home ownership dreams into a nightmare”. That’s true […]

London mayor Sadiq Khan launches leasehold advice portal and slams LEASE as ‘unfit for purpose’

London mayor Sadiq Khan has launched a new leasehold advice portal, and has condemned the taxpayer-funded Leasehold Advisory Service as “unfit for purpose”. He also backed “wholesale reform of leasehold, including a long-term shift toward alternative tenures such as commonhold”. Today’s statement from the mayor’s office reads: “Government funds the Leasehold Advisory Service (LEASE) – […]

New LEASE chair declines to endorse peppercorn ground rents on BBC

And there will be no leaseholders on the board of LEASE The new chair of the controversial quango the Leasehold Advisory Service declined an invitation to endorse no-monetary value ground rents on BBC R4’s You and Yours today. Instead, Wanda Goldwag said only that contracts should be “fair”. Former Communities Secretary Sajid Javid undertook to […]

New interim chair for troubled quango LEASE

Wanda Goldwag, a former marketing executive for British Airways, has been appointed interim chair of the controversial Leasehold Advisory Service. Ms Goldwag, who ran BA’s Air Miles, is chair of the Office for Legal Complaints, which controls the legal ombudsman service for England and Wales. Four trustees of the Leasehold Knowledge Partnership have been declined […]

Leasehold Advisory Service has ‘been under review’ for 10 years. Here are the findings …

The Leasehold Advisory Service, the government funded Leasehold Advisory Service, has been under review by the government for much of the last ten years. This seems to suggest that something is wrong, yet the government’s long-standing support for the Leasehold Advisory Service continues. LKP has, after many requests, obtained the two most recent reviews of […]

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 […]

Even if you only respond to one question, take part in the Law Commission consultation!

By Sebastian O’Kelly LKP and the National Leasehold Campaign are organising a public meeting for leaseholders with the Law Commission tomorrow afternoon. Law Commissioner Professor Nicholas Hopkins and his team will explain their work on enfranchisement, lease extension and commonhold. Other speakers will include Professor Susan Bright, of Oxford University, and barrister Amanda Gourlay. There […]

LKP’s essential leasehold guide in The Sunday Times … feel free to add

By Sebastian O’Kelly It was good to be able to use a small Q&A article in yesterday’s Sunday Times to offer a mini guide for leaseholders. This is the sort of thing the Leasehold Advisory Service should be putting out, if it were not in thrall to the commercialisers in the sector. Indeed, it was […]

Is LEASE an institutionally corrupted organisation?

“Institutional corruption is manifest when there is a systemic and strategic influence which is legal, or even currently ethical, that undermines the institution’s effectiveness by diverting it from its purpose or weakening its ability to achieve its purpose, including, to the extent relevant to its purpose, weakening either the public’s trust in that institution or […]

Martin Boyd should be the chair of LEASE

By Sebastian O’Kelly, LKP trustee There is only one outstanding candidate to be chair of LEASE and that is Martin Boyd. He is the only person involved in leasehold activism with the knowledge and abilities that will hold credibility with the sector. He is respected on this subject by ministers, MPs and civil servants. As […]

LEASE chair Roger Southam resigns

The taxpayer-funded Leasehold Advisory Service, LEASE,  has announced this evening that its non-executive chair, Roger Southam, has resigned with immediate effect. No explanation for the resignation is given, but it follows calls from the Leasehold Knowledge Partnership that he resign, questions in the Commons from MPs such as Justin Madders and LKP patron Sir Peter […]

More Posts from this Category

DIrection

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Find Everything

Essential reads …

  • Ground rent scandal
  • Parliament
  • MPs’ APPG on leasehold
  • Benjamin Mire
  • Moskovitz / Gurvits
  • Oakland Court
  • McCarthy and Stone
  • Persimmon
  • Recognised Tenants’ Association
  • Cladding crisis
  • Canary Riverside
  • John Christodoulou
  • Peverel
  • Peverel Cirrus story so far
  • Charter Quay
  • Forfeiture
  • Plantation Wharf
  • Law Commission
  • Plantation Wharf
  • West India Quay
  • LEASE: what’s the point?
  • Tchenguiz
  • Sean Powell
  • Press
  • Exit fees
  • William Waldorf Astor
  • Martin Paine
  • LKP anthem
  • LVT/Property Chamber Survival
  • Most damning LVT ruling ever made
  • Pensioners win £68,500
  • Park Homes
  • Redrow
  • Retirement

Copyright © 2019 Leasehold Knowledge Partnership