London Leaseholder Profile picture
Apr 11, 2022 14 tweets 5 min read
A MUST read 🧵 for every leaseholder in England & Wales in relation to this article 👇

Imagine renting a flat from a private landlord. Under the agreement the landlord arranges broadband for the whole building and charges it back to you.
Next year your broadband bill is 5x more expensive than at similar properties.
Looking to see if the price can be reduced, you contact the broadband provider, however although you pay the policy they say you aren’t entitled to speak with them because you are not the policyholder
Sep 10, 2021 30 tweets 5 min read
A #personalfinance view of the #BuildingSafetyCrisis:

Anyone household with less than £31k in savings on 1 Jan 2020 faces the strong prospect of going bankrupt based on the current direction. That’s at least 80% of us. #EndOurCladdingScandal A thread 👇 (please read and RT) (IMPORTANT: I don’t want this to give any leaseholder a sleepless night unnecessarily. I am confident the government and industry will see sense and stem this chaos, but if they don’t I am highlighting the shocking prospect this country genuinely faces)
Sep 9, 2021 7 tweets 3 min read
Even with #BSF and developer obliged to pay for remediation some leaseholders expected to pay in full upfront to ‘obtain funding’. How does that work?? Why? Who can afford to provide £40k they may never see back to those with money, who created the issue? #EndOurCladdingScandal @RobertJenrick @ukcag @team_greenhalgh @LondonCAG this is the apparent ‘plan’ on my development. I really can’t understand how this will work. People who bought these flats don’t have these amounts ‘spare’. It is surely completely unworkable. What happens if people can’t pay?