Saturday’s Guardian had an interesting article on leasehold issues in which the Leasehold Knowledge Partnership was named and quoted.
The article by personal finance expert Emma Lunn was titled ‘When leasehold property takes a grip on your finances’, and sub-headed: “Buying a leasehold home or flat can mean paying too much for routine work, or a battle with your managing agent”
The full article can be read here
Related posts:
Guardian reports the Taylor Wimpey £130m offer to settle ground rent scandal
John Lewis Partnership Pensions Trust tells leaseholder it will ‘disinvest’ in doubling ground rents
Guardian reports misery of leasehold home owners trapped by John Lewis Partnership Pension Trust – and the Mail, Sun, Mirror and Lad Bible (any we have missed?)
Daily Express reports Leasehold Knowledge Partnership involvement in Flood Re
Guardian reports leasehold is the biggest problem for ‘homeowners’
Davey and Bottomley quiz OFT over its leniency deal with Peverel over the Cirrus price-fixing scam
Leaseholders for too long have been the victim in this murky world of leasehold. Its all too easy to rip off and con hard working leaseholders off there hard earned money with little or no come backs. Its a shame that more managing agents are not coming together to fight this problem collectively and rid the industry of the rogue practices that we continue to read about and see. Well done to LKP to being the only voice on this matter and making this a topic we hope parliament begin to listen to.
I believe we all have important responsibilities and duties in this area. LKP has started a great job as well as Lease/LVT. I think Leaseholders are the biggest Victims as well as Beneficiaries. They need to speak loud and clear, instead of running away from the problem. They have lots of tools in their hand. There is lots of regulation in their side and for their benefit . How can one persuade them to use it? Instead for example in our case some buy leasehold property after making some money run away from bad management. In our building no one is happy with our management, sadly hardly any body is determine and practice their right which has been given to them by government. Also in our situation mostly the leaseholders are foreigner, they perhaps even do not know the law and the process. But they know by buying leasehold property they can sublet, make some quick money and then sell with profit. I also believe they walk away without paying the service charges which has been demanded. I have respect for them and honest business for making profit, but in our building the original leaseholders and the building suffer as the result. I believe RTM should be more flexible in term of the numbers needed to take part; few determined leaseholders, if are given power, with the support of an accredited management can change our building.
Simin Eftekhari-Abbasian