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Newsletter from the Leasehold Knowledge Partnership and APPG on leasehold and commonhold reform
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LKP to monitor bank exposure as cladding flats sell to cash buyers in auctions

By Sebastian O'Kelly on Apr 29, 2021 05:33 pm
LKP to monitor bank exposure as cladding flats sell to cash buyers in auctions

The pain on Twitter today after we failed to stop the Fire Safety Bill despite epic parliamentary wrangling …

By Lucy Brown-Cortes

LKP has released a draft version of an ongoing report into the economic impact of the fire safety crisis.

The report looks at negative equity and measures the potential financial burden on leaseholders.

The Essential Information Group provided LKP with auction details for a random sample of 110 impacted buildings in Birmingham, Sheffield, Manchester and Liverpool.

Continue reading LKP to monitor bank exposure as cladding flats sell to cash buyers in auctions at Leasehold Knowledge Partnership.


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Fire Safety Bill clears Parliament. So, what’s next?

By Liam Spender on Apr 29, 2021 02:34 pm
Fire Safety Bill clears Parliament. So, what’s next?

By Liam Spender

Liam Spender is a Trustee of the Leasehold Knowledge Partnership. Personally affected by the cladding scandal, Liam is a Solicitor-Advocate and Senior Associate at Velitor Law practising commercial litigation and arbitration in the City of London. Views in this article are personal and do not constitute legal advice.

Parliament last night broke the four month long deadlock over the Fire Safety Bill. The Bill cleared the Lords by a vote of 153-242, a majority of 89.

Continue reading Fire Safety Bill clears Parliament. So, what’s next? at Leasehold Knowledge Partnership.


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Communities Select Committee calls on government to scrap cladding loan scheme and establish a ‘Comprehensive Building Safety Fund’

By Sebastian O'Kelly on Apr 29, 2021 12:01 am
Communities Select Committee calls on government to scrap cladding loan scheme and establish a ‘Comprehensive Building Safety Fund’

The Housing, Communities and Local Government Committee has urged the Government to re-commit to the principle that leaseholders should not have to pay for the removal of unsafe cladding from their homes and calls on the Government to establish a Comprehensive Building Safety Fund that addresses the true scale of fire safety issues. Finance for the fund should be provided by Government and the building industry.

In a report published today, the Committee finds that existing arrangements for remediation of cladding that base funding support on building height and materials should be changed so that financial support is targeted where residents’ safety is most at risk.

Continue reading Communities Select Committee calls on government to scrap cladding loan scheme and establish a ‘Comprehensive Building Safety Fund’ at Leasehold Knowledge Partnership.


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Fire Safety Bill ricochets around Parliament as 31 Conservative MPs again vote against the government

By Liam Spender on Apr 27, 2021 09:59 pm
Fire Safety Bill ricochets around Parliament as 31 Conservative MPs again vote against the government

No new insights from housing minister Chris Pincher beyond a concern – previously expressed by Communities Secretary Robert Jenrick – that taxpayers mustn’t have limitless liability for leaseholders’ fire safety costs such as an occasional smoke alarm. A trivial matter, given the free-pass government is proposing to give to developers, warranty providers and offshore punters in residential freeholds (who won’t pay anything at all to make ‘their’ buildings safe)

Plenty of precedents even in the last few weeks of where government has had to intervene to right obvious injustices such as the cladding and build safety disaster facing thousands of mainly young families

By Liam Spender

Liam Spender is a Trustee of the Leasehold Knowledge Partnership.

Continue reading Fire Safety Bill ricochets around Parliament as 31 Conservative MPs again vote against the government at Leasehold Knowledge Partnership.


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Recent Articles:

Lords push government’s Fire Safety Bill to the edge as parliamentary session nears end …
Should the buyer beware? Leaseholders and fire safety remediation costs
Government’s use of extra-statutory powers has made the cladding crisis far worse than in Australia (or possibly Scotland), writes LKP trustee
New Capital Quay Litigation continues, with concern that repairs may still not meet Building Regulations
Now Israel Moskovitz wins right to charge £30 for his ground rent demands …
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