They disgust me 🤢🤮 Pensioners for Ground Rent
Threatening Government with litigation.
They really have no shame.

We just hope this government are on the 'right side of justice'
Michael Gove HM Treasury

A perfect match: FirstPort UK takes on the management of retirement operator Platinum Skies newsontheblock.com/news-opinion/t…

Lords expected to finish Committee stage of Leasehold and Freehold Reform Bill today: lordswhips.org.uk/todays-lists

The next stage (Report) is about 2 weeks later, so any time from 15 May.

Still no sign of any government amendments on ground rent.

🔴 The CEO at Leasehold Knowledge Partnership said Labour was “promising a lot” on leasehold reform, but thought it was unlikely to be a priority for the party
politicshome.com/news/article/l…

NLC - LEASEHOLD CAMPAIGNER - #reLEASE us Michael Gove Leasehold Knowledge 10 years ago today I made the worst decision of my life, I actually signed away my freedom as a freeholder of a house and became enslaved in a retirement complex. Michael Gove every day is spent trying to get respect and transparency on service charges of £293 per month plus.

Another silly story in the Standard.

standard.co.uk/news/politics/…

Liam Spender shows how GR grazers and pension funds have spun the figures to wholly misrepresent the potential loss to them of moving to peppercorn. Michael Gove HM Treasury and Department for Levelling Up, Housing & Communities 😵‍💫😵‍💫

1/11 Why still £30 billion if gov’t figures show average ground rent of £278 and there is a 20 year transitional period of £250 to peppercorn?

£30 billion was the figure for immediate conversion to peppercorn.

Questionable maths.

1/3 The issue now is whether this is included in the Leasehold & Freehold Reform Bill and whether that passes before any election.

The new rules will then need to be commenced (given legal effect). Lobbying could stop that, particularly if there is a change of government.

Mark Kleinman In late 2018 Sir Peter Bottomley MP and Ed Davey and Leasehold Knowledge met the Bank of Englands PRA to ask about pension funds involved with ground rent investments. The PRA said very few pension firms involved.

Odd that anyone could suddenly claim it has grown to £30 billion.

Gnome Lord Moylan Actually, we never argued for setting existing ground rents to peppercorn. That came as a surprise (were it adopted, we feared taxpayers paying rent who don't even own leaseholds might be on the hook, which would be wrong).

Lynne Guyton Lord Moylan Wellcome isn't there 'to make profits' either. It is an excellent organisation. Except it uses advantages of unbalanced leasehold tenure to maximise revenues, like you. (PS we are a reg charity as well.)

Lynne Guyton Lord Moylan But should you have the enfranchisement rights at all? Marriage value is a fiction. And charities can be just as aggressive as some of the scum players in this sector, like Wellcome spending £114k to obliterate a litigant in person as here: leaseholdknowledge.com/wellcome-trust…

Lots of lobbying in the Lords, inc the shy Grovesnor estate, to lament '£7 billion wealth transfer' to the serfs over marriage value. Let's hope Lord Moylan fluffs his lines

A serious omission with shared ownership Levelling Up, Housing and Communities Committee is that resales are not on Land Registry, which means consumers have no idea just how disastrous these purchases can be. And england (its coming home) needs to stop giving money to developers gaming this complex tenure…

LEASEHOLD REFORM CAMPAIGN UPDATE:

A message to Rishi Sunak - strengthen the Bill so that every one of us can have control of our home, our money and our lives 💪🏾

Homeownership should mean freedom: it’s a British thing!! 🇬🇧

March 1996 ITV News Cook Report showed how Department for Levelling Up, Housing & Communities at that time did not implement #lease holdreform and bottled it at last stage.

History repeats itself yet again, why promise #uturn #servicecharge #lease holders #freeholders #groundrent #lease #lease extension #marriagevalue .

Thankyou Rt Hon Lord Kennedy 🇬🇧🇮🇪🇺🇦 for paying tribute to the campaigners who have 'never given up'. Catherine Williams @[email protected]
Jo Darbyshire Liam Spender
Leasehold Knowledge & many more.

'The fantastic play Fleecehold The Play written by Michele Sheldon and goes back to 1884. This has been going on a long time'