Copy
Newsletter from the Leasehold Knowledge Partnership and APPG on leasehold and commonhold reform
View this email in your browser

Ted Baillieu, ex-pm of Victoria, tells London cladding leaseholders that Australians identified flats most at risk and sorted them out first (but there were loans to flat owners)

By Sebastian O'Kelly on Mar 26, 2021 04:03 pm
Ted Baillieu, ex-pm of Victoria, tells London cladding leaseholders that Australians identified flats most at risk and sorted them out first (but there were loans to flat owners)

The gulf between the English government’s approach to the cladding and build defects crisis and that of Australia were made starkly clear yesterday evening by Ted Baillieu, former prime minister of Victoria. The key points he made were the absolute importance of identifying the most at risk buildings first – which the English government has not done – and to ensure that efforts to sort the crisis are bi-partisan (ditto).

Mr Baillieu, the co-chair of the Victorian Government’s Cladding Task Force (2017-2019, emphasised that the failings that led to the buildings safety crisis in Australia, as here, followed years of regulatory failure by successive governments.

Continue reading Ted Baillieu, ex-pm of Victoria, tells London cladding leaseholders that Australians identified flats most at risk and sorted them out first (but there were loans to flat owners) at Leasehold Knowledge Partnership.


Read in browser »
share on Twitter Like Ted Baillieu, ex-pm of Victoria, tells London cladding leaseholders that Australians identified flats most at risk and sorted them out first (but there were loans to flat owners) on Facebook

Now shared owners are hit with lease extension costs on top of fire safety costs

By Sebastian O'Kelly on Mar 25, 2021 06:01 pm
Now shared owners are hit with lease extension costs on top of fire safety costs

The scandal of housing associations selling 99 year leases is revealed in Inside Housing today as buyers are hit with lease extension costs on top of huge fire safety bills and waking watch costs.

LKP has urged housing associations to sell all shared ownership leases at 999 years, or the legnth of their headlease where they might not own the freeholds.

Thousands of buyers are signed up to 99 year leases, however.

Continue reading Now shared owners are hit with lease extension costs on top of fire safety costs at Leasehold Knowledge Partnership.


Read in browser »
share on Twitter Like Now shared owners are hit with lease extension costs on top of fire safety costs on Facebook

Bottomley leads Tory rebellion of 32 MPs, but government defeats amendment to Fire Safety Bill

By Admin4 on Mar 22, 2021 10:57 pm
Bottomley leads Tory rebellion of 32 MPs, but government defeats amendment to Fire Safety Bill

Housing minister Chris Pincher said the McPartland-Smith amendment to the Fire Safety Bill would have ‘unintended consequences’ … one of which might be that freeholders – generally private equity punters these days (and often offshore) not pension funds, would ‘walk away’ if leaseholders cannot be made to pay for build safety defects. This line has had some lobbying success – it was repeated by Conservative MP Kevin Hollinrake. But are freeholders seriously going to walk away from billions of public money poured into cladding remediation and supervised by them (leaving aside the delicate issue of mass forfeitures from defaulting leaseholders, which presents such attractive possibilities?

Continue reading Bottomley leads Tory rebellion of 32 MPs, but government defeats amendment to Fire Safety Bill at Leasehold Knowledge Partnership.


Read in browser »
share on Twitter Like Bottomley leads Tory rebellion of 32 MPs, but government defeats amendment to Fire Safety Bill on Facebook



 

Recent Articles:

Consumers fightened to speak out over housebuilders defects, says BBC
CMA kicks housebuilders: Countryside Properties and Taylor Wimpey ‘unfair contract terms’ over rip-off ground rents; Persimmon and Barratt ‘possible mis-selling’ of homes
Lords rebellion sees government Fire Safety Bill thrown into disarray
APPG leasehold chairs call on Lords to support McPartland-Smith amendment tomorrow
Section 24 court appointed manager orders can be the last resort for leaseholders, but beware messing them up
Copyright © 2021 Leasehold Knowledge Partnership, All rights reserved.


unsubscribe from this list    update subscription preferences