Leigh GarlandMar 3, 2025

The announcement about banning #leaseholds, and replacing with #commonhold was not on my radar. Sounds like a good idea in news soundbite. Let's see what it looks like in practice...

https://www.bbc.com/news/articles/cvgezyz31jlo

Outright ban on new leasehold flats in England and Wales moves closer

Ministers want to move to a "commonhold" system where flat-owners own a share of their buildings.

Police State UKOct 19, 2024

"Calls are mounting to pass the secondary legislation needed to enforce the #Freehold Reform Act 2024, which would ban developers from selling new houses as leaseholds, make it cheaper to extend a lease and increase the standard lease length to 990 years. The new government is also planning further reform with the introduction of the #leasehold and #commonhold reform bill."

#UKpolitics #Housing

https://www.theguardian.com/money/2024/oct/19/property-owners-bills-lease-expire-mortgage

‘I was told to pay £212,000’: property owners face huge bills when lease is due to expire

Those unaware of how the system works can be left stumping up thousands despite paying off a mortgage

The Guardian
AutisticMumTo3May 12, 2023
The Guardian view on Tory housing policy: profits ahead of people | Editorial | The Guardian
#Tories
#Housing
#Profits
#ProfitsBeforePeople
#Leasehold
#FeudalRelic
#ArchaicLaws
#Gove
#DowningStreet
#Donors
#Renters
#Exploitation
#Commonhold
#RichElites
#Royalty
#Grenfell
#Mortgage
#ServiceCharges
#SustainableHousingSettlement
https://www.theguardian.com/commentisfree/2023/may/12/the-guardian-view-on-tory-housing-policy-profits-ahead-of-people
The Guardian view on Tory housing policy: profits ahead of people

Editorial: No 10 blocked a vote-winning proposal to end leaseholding – wary of picking a fight with wealthy donors

The Guardian