Jump to content


How home ownership could change as leasehold law faces shake up


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 298 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Millions of homeowners could gain new rights over leasehold properties, as the UK government vowed to press on with reform after experts said the leasehold regime was “not working.”

 

A series of reports for the government by the Law Commission this week set out a package of potential reforms for England and Wales, which would give leaseholders more control over their homes.

 

At least 4.3 million homes are thought to be leaseholds in England.

Leaseholders only have the right to occupy a building for a given period, and are effectively long-term tenants of freeholders who own properties outright.

 

They experience a “wide range of problems” as their homes are not fully their own, according to the commission.

 

Proposals include making it easier and cheaper for leaseholders to extend leases, buy freeholds, and take control of the management of buildings.

 

https://uk.yahoo.com/finance/news/coronavirus-leasehold-flat-freehold-law-extension-230124992.html

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

A good friend of mine can technically get evicted from his own flat, if he fails to pay the £250 or so ground rent per year.  
 

This is so ridiculous it’s beyond words

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

Its only come to be such a big issue as  recently Developer's have often  misled buyers into signing quickly, keeping the freehold the buyer thought they were getting and flogging it off to another company that then is as rapacious as any PPC. issues of Misrepresentation if not outright fraud has been going on. Basically Leasehold is akin to Renting with a huge deposit up front, and yes occupier could be evicted for failing to pay ground rent, or putting a garden shed up, and not asking freeholder's permission and paying the fat fee they want for that permission. The Ground rent can double and keep increasing  and be more than the mortgage within a few years.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

 

The bailiff: A 12th Century solution re-branded as Enforcement Agents for the 21st Century to seize and sell debtors goods as before Oh so Dickensian!

Link to post
Share on other sites

We almost went down that rabbit hole with a new build. And not to forget the ridiculous maintenance fee timebomb.

 

Thankfully we pulled out of the sale and ended up buying an 80’s built freehold house. A much better  (and cheaper) buy.

  • Like 1

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...