hello@abolishleasehold.uk
Since it's manifestos week and all the parties present their manifestos to the public, let's see what they say about the urgently needed leasehold reform:
Labour states:
"Labour will also take decisive action to improve building safety, including through regulation, to ensure we never again see a repeat of the Grenfell fire. We will review how to better protect leaseholders from costs and take steps to accelerate the pace of remediation across the country. We will put a renewed focus on ensuring those responsible for the building safety crisis pay to put it right.
For far too many leaseholders, the reality of home ownership falls woefully short of the dream they were promised. Labour will act where the Conservatives have failed and finally bring the feudal leasehold system to an end. We will enact the package of Law Commission proposals on leasehold enfranchisement, right to manage and commonhold. We will take further steps to ban new leasehold flats and ensure commonhold is the default tenure. We will tackle unregulated and unaffordable ground rent charges. We will act to bring the injustice of ‘fleecehold’ private housing estates and unfair maintenance costs to an end."
The Conservaties state:
"We will complete the process of leasehold reform, to improve the lives of over four million leaseholders. We will cap ground rents at £250, reducing them to peppercorn over time. We will end the misuse of forfeiture so leaseholders don’t lose their property and capital unfairly and make it easier to take up commonhold."
The Convervatives are offerring very very little. We need urgent and deep reform of leasehold. Clearly Labour's promises for deep, radical change are what we need.