Discover and read the best of Twitter Threads about #leaseholdreform
Most recents (5)
1/11 In "Dog Bites Man" news, a man who makes living managing leasehold property for an Italian count pens piece on #leaseholdreform saying:
England still needs freehold system propertyweek.com/insight/englan…
England still needs freehold system propertyweek.com/insight/englan…
2/11 This article is written by the CEO of Wallace Partnership Group.
This a freeholder actively dumping its own interests in cladding-affected buildings in the hope it will not be responsible for remedial works under the Building Safety Act 2022.
This a freeholder actively dumping its own interests in cladding-affected buildings in the hope it will not be responsible for remedial works under the Building Safety Act 2022.
3/11 Like its fellow Residential Freehold Association member E&M, Wallace fought tooth and nail to avoid being made responsible in any way for building or fire safety under the Building Safety Act 2022.
Now they claim we can't live without them.
Now they claim we can't live without them.
Day 126 #LivingBehindMonarflex
Where do I even start?? Yesterday a flat of single young female in my block was broken into, door kicked down. Thankfully she wasn’t home. Our security was grossly compromised during Waking Watch last year & we are still suffering the consequences
Where do I even start?? Yesterday a flat of single young female in my block was broken into, door kicked down. Thankfully she wasn’t home. Our security was grossly compromised during Waking Watch last year & we are still suffering the consequences
Do you have any idea @michaelgove @team_greenhalgh @RishiSunak what we go through? I live alone, I have experienced menacing & threatening behaviour, I now carry a personal alarm WHERE I LIVE. And what are you doing about this?? Fuck all. How dare you?
I still spend days a week dealing with ID theft & fraud from when our mail was stolen when Waking Watch were swanning about our buildings with abandon
@LondonFire will it take GBH or rape B4 you wake up & realise enforcing unchecked randoms on innocent leaseholders is dangerous?
@LondonFire will it take GBH or rape B4 you wake up & realise enforcing unchecked randoms on innocent leaseholders is dangerous?
1/5 #leaseholdreform took a step forward yesterday afternoon.
The Leasehold Reform (Ground Rents) Act 2022 received Royal Assent (hansard.parliament.uk/lords/2022-02-…)
The Act bans monetary ground rents for new residential properties.
The Leasehold Reform (Ground Rents) Act 2022 received Royal Assent (hansard.parliament.uk/lords/2022-02-…)
The Act bans monetary ground rents for new residential properties.
2/5 Ground rents have become an increasing scandal in recent years, with some finding they are trapped in unmortgageable properties.
Ground rents also entrench a system in which third party investors take control of a block of flats for a fraction of the price of one flat.
Ground rents also entrench a system in which third party investors take control of a block of flats for a fraction of the price of one flat.
3/5 As the fire safety scandal has shown, those third party investor freeholders add nothing to residential property management.
They see residential leaseholders only as cash cows to provide an endless stream of income for them.
They see residential leaseholders only as cash cows to provide an endless stream of income for them.
1/10 #EndOurCladdingScandal and #leaseholdreform will both feature in the House of Lords this afternoon.
At around 1 p.m. @BishopStAlbans will be asking what steps the government has taken to identify the number of leaseholders at risk of bankruptcy.
At around 1 p.m. @BishopStAlbans will be asking what steps the government has taken to identify the number of leaseholders at risk of bankruptcy.
2/10 We can expect that the answer is "none" and to hear a a repeat of the same platitudes regarding £5.1 billion of funding and its £50/month #forcedloans scheme.
The question keeps the issue high on the political agenda and is likely to be a further embarrassment for the gov't
The question keeps the issue high on the political agenda and is likely to be a further embarrassment for the gov't
3/10 At around 2.40 this afternoon the Leasehold Reform (Ground Rent) Bill will have its Second Reading.
This will last about 3 hours. The purpose of the debate is to discuss the general principles of the bill.
This will last about 3 hours. The purpose of the debate is to discuss the general principles of the bill.
1/8 #QueensSpeech '21 is a mixed bag in terms of #EndOurCladdingScandal and for #leaseholdreform
As promised, the government has announced a bill to ban new ground rents. Commitments were made during the #FireSafetyBill debates last month to also look at forfeiture.
As promised, the government has announced a bill to ban new ground rents. Commitments were made during the #FireSafetyBill debates last month to also look at forfeiture.
2/8 Implementing the rest of the Law Commission's recent reports on #leaseholdreform is expected to wait until later.
The balance of the package outlined important reforms on cheaper lease extension, easier Right To Manage and improving commonhold.
We need all these reforms.
The balance of the package outlined important reforms on cheaper lease extension, easier Right To Manage and improving commonhold.
We need all these reforms.
3/8 As expected, the government also promises that the #BuildingSafetyBill is to be introduced this session.
We wait to see if the deeply unpopular Building Safety Charge is still included and how "high risk buildings" will actually be defined in the new law.
We wait to see if the deeply unpopular Building Safety Charge is still included and how "high risk buildings" will actually be defined in the new law.
