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Minister no7 – Dominic Raab

By Admin2 on Jan 09, 2018 02:13 pm

Today sees yet another change of Housing Minister. Only last June we welcomed Alock Sharma as Minister number 6 its now time for Minister no 7 Welcome, Alok Sharma … another new Conservative housing minister   Today sees Dominic Raab arrive from MoJ. https://www.gov.uk/government/people/dominic-raab As MP for Esher and Walton Mr Raab will have seen […]

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Persimmon sold leasehold houses for £50,000 more than same-size freehold houses at Harrow View West

By admin on Jan 09, 2018 11:22 am

And BBC North reports ‘corporate looting’ over £110m bonus for Persimmon CEO Jeffrey Fairburn Leasehold houses on Persimmon’s 300-home site at Harrow View West in north London sold for £50,000 more than same-size freehold ones, according to BBC R4 You & Yours yesterday. The freehold properties were sold after the initial sale of exactly the […]

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Hilary Benn brings leasehold parliamentary group to 132 members

By Admin2 on Jan 03, 2018 06:00 pm

Current number of members 132 + 6 friends Updates this month: 02/01/18 Hilary Benn MP for Leeds Central joined 02/01/18 Steve McCabe MP for Birminigham, Selly Oak joined 03/01/18 Layla Moran MP for Oxford West joined 03/01/18 Ian Mrears MP for Gateshead joined Listed below are the members of the All Party Parliamentary Group looking […]

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Housebuilders shares crash over ground rents, with McCarthy and Stone down 10%

By admin on Dec 21, 2017 11:12 am

Housebuilders shares have crashed today following Communities Secretary Sajid Javid’s scrapping of ground rents and ending the leasehold houses racket. McCarthy and Stone was hardest hit with a fall of 10.3 per cent. Four per cent of its income comes from ground rents, which are historically high in retirement housing. This is the highest proportion […]

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Full government report on ‘Tackling unfair practices in the leasehold market’

By admin on Dec 21, 2017 10:58 am

Tackling unfair practices in the leasehold market – GOV.UK Seeks views on prohibiting the sale of new build leasehold houses, limiting ground rents and protecting leaseholders from possession orders.

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

By admin on Dec 21, 2017 07:22 am

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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Leasehold houses to be banned and future ground rents set to zero, announces Sajid Javid

By admin on Dec 21, 2017 12:01 am

LKP would like to acknowledge the considerable role that has has been played by the political officials in helping bring about these changes, in particular Nick King and Louisa Darian The embargoed statement, which was not sent to LKP by DCLG civil servants, will be published at 00.01 hours on December 21. The timing is […]

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

By admin on Dec 19, 2017 01:18 pm

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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Enfranchisement, commonhold and managing agent regulation are first up for the Law Commission

By admin on Dec 14, 2017 01:15 pm

For the first time since the 2002 Commonhold and Leasehold Reform Act, commonhold is formally back on the agenda. The Law Commission announced today that it is to consider reforms starting with leasehold enfranchisement, commonhold and managing agent regulation. Sir David Bean, chairman of the Law Commission, said: “We are delighted to be able to […]

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Thanks LKP for raising Grenfell issues. Now we are giving yet more money to LEASE, says housing minister

By admin on Dec 14, 2017 12:47 pm

The housing minister Alok Sharma has thanked LKP for raising Grenfell cladding issues in private apartment blocks. We have intervened in a number of these cases, and will continue to do so. Our intervention at Blenheim Centre / Reflexion on behalf of leaseholders resulted in freeholder Legal and General agreeing to pay the £165,000 a […]

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Dudley Joiner’s Team Property Management made insolvent by Quadrangle House RTM

By admin on Dec 13, 2017 06:53 pm

Team Property Management owned by RTM fixer Dudley Joiner has been forced into insolvency by one of the sites he took right to manage. Quadrangle House RTM Company Limited, of Stratford, East London, petitioned the High Court for the insolvency order at the end of last month. It optimistically ruled that “the costs of the […]

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£2,000 sublet demand to frail pensioner needing care from freeholder Silhill Investments Limited (plus £375 to Pennycuik Collins)

By admin on Dec 13, 2017 09:56 am

A frail pensioner who needs to pay for care has been hit with a demand for £2,000 to rent out her flat from freeholder Silhill Investments Limited. The demand has been issued to the family of Joan Nelson, of St John’s Close, Solihull, by Pennycuick Collins, which also wants £375 for “handling the negotiation and […]

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Recent Articles:

APPG, December 6: Park home banditry; Law Commission; Planners barring leasehold houses; London deputy mayor; gargantuan Grenfell bills for leaseholders
Appeal: Home for Sonia McColl OBE
Commons debate on leasehold December 21
‘Gargantuan’ Grenfell cladding bills from Astor and Tchenguiz on sites such as New Festival Quarter, The Times reveals today
Taylor Wimpey passed management at Surbiton Plaza II to commercial operator ‘to save customers the administrative burden’ (of being in charge of their own money)
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