Norma Cohen
@NormaCohen3
PhD from QMUL 2020. Research on WWI finance. Ex-FT Demography Correspondent.Honorary actuary. [email protected] Follows #economics #pensions, #population.
ID:461255532
11-01-2012 16:20:40
9,9K Tweets
2,5K Followers
2,0K Following
Follow People
Treasury, Michael Gove are ducking and diving on why they refuse to follow through on their vow to cap Ground Rents! Why? Contrary to their claims, there is not 1 shred of evidence that pensioners are harmed. If there were, they’d put it in their FoI response to Free Leaseholders
As the political party most closely identified with defence of property rights, the Conservatives must defend the property rights of leaseholders, whose property rights are undermined almost daily, with the same vigour applied in favour of landowners. Free Leaseholders
Complex court case where freeholder demanded that leaseholders pay not only building insurance premiums but also cover payments on a big commission for choosing that policy. Court ruled that freeholder only entitled to 1/3 commission, still far too much! …ndschamber.decisions.tribunals.gov.uk/Aspx/view.aspx…
Good to see that The Spectator busting the false claim that capping ground rents paid to Freeholders will harm pension funds. Official data show that pension fund investment in ALL property - mostly offices, retail, industrial - is only 2.8% of all investments. Microscope, anyone?
A Freeholder argues in favour of keeping confiscatory ability to demand payment of ground rents from leaseholders even though these do nothing to mitigate undocumented and substantial service charges levied annually. Utter nonsense in every line here. Free Leaseholders
A property industry expert on leasehold reform confirms what we suspected; Freeholders ability to extract unlimited cash from leaseholders drives up land values. Local authorities see some indirect gains but it’s a poor argument against reform. Free Leaseholders
A Freeholder lobby group - predictably - is arguing that any effort to rebalance power in flat occupancy represents ‘theft’ from FHs. That ignores the legal powers FHs now have to confiscate wealth from Leaseholders. Free Leaseholders