Changes to try to make the system fairer, including ending ground rent for new leaseholders. but it plans to go much further. the housing secretary michael gove has said he wants to abolish leasehold entirely. he s looking at something called common hold as an alternative where occupants jointly own and take responsibility for their building. this government knows there s a generation facing complex housing problems. the question is whether it has the political will and the time to sort some of them out. sheelagh hopes so. she loves the leasehold flat she bought in leeds to rent out, but says it s a constant battle to ensure the building it s in is being properly maintained. i shouldn t be having to use a disproportionate amount of my time doing this level of paperwork and to get people to do a job that i m paying them a management fee to carry out. the property managers here say the safety of their leaseholders is their utmost priority,
By the government, including possibly abolishing it altogether. leaseholders own their own property for a set period of time but a freeholder owns the land it s built on. in 2020 21 there were an estimated nearly 5 million leasehold dwellings in england. this amounts to 20% of all english housing stock. 71% of the leasehold dwellings in england are flats. 29% are houses. the housing secretary michael gove says it is a fundamentally unfair system and that he will introduce new laws soon. 0ur political correspondent alex forsyth has been to leeds to meet some leaseholders who want to see change. i own my property, allegedly, but i don t really. i know that i ll never buy leasehold again. there doesn t seem to be any accountability. - across this city, property owners have been telling me about their problems with the leasehold system. alan, hello. hello, alex.
Take alan. he owns his flat on the outskirts of leeds, but recently alan and his neighbours were landed with bills they didn t expect. they were told the rent they pay for the ground their properties are on was going up and the increase would be backdated. when i actually saw that the bill was for nearly £900, i think myjaw dropped. the company that owns the land is within its rights to raise their ground rents. it has now reduced some amounts and offered payment plans. but its left carole feeling insecure. you think you ve looked into things properly, but leasehold is a minefield. it s an absolute minefield. it s like a.money pit. across england one in five homes are leasehold properties. many are flats in cities like leeds that offer a chance to get on the ladder. but leaseholders have fewer rights over their properties than outright owners. they face fees and charges, often on top of mortgages,
I m going to have to wait for these works to be completed before i can even consider selling, basically. so i have no idea how long i m going to be stuck in this flat for now. it s having a massive, massive toll mentally and financially on me. i feel absolutely exhausted. i feel like. . .the last few years of my life have just been completely overshadowed by this. the government has already made changes to try to make the system fairer, including ending ground rent for new leaseholders. but it plans to go much further. the housing secretary michael gove has said he wants to abolish leasehold entirely. he s looking at something called common hold as an alternative where occupants jointly own and take responsibility for their building. this government knows there s a generation facing complex housing problems. the question is whether it has the political will and the time to sort some of them out. sheelagh hopes so.
Gove says it is a fundamentally unfair system and has said he will introduce new laws soon. our political correspondent, alex forsyth, has been to leeds to meet some leaseholders who want to see change. i own my property, allegedly, but i don t really. i know that i ll never buy leasehold again. there doesn t seem to be any accountability. - across this city, property owners have been telling me about their problems with the leasehold system. alan. hello, alex. take alan. he owns his flat on the outskirts of leeds, but recently alan and his neighbours were landed with bills they didn t expect. they were told the rent they pay for the ground their properties are on was going up and the increase would be backdated. when i actually saw that the bill was for nearly £900, i think myjaw dropped. the company that owns the land is within its rights to raise their ground rents. it has now reduced some amounts and offered payment plans. but it s left carole feeling insecure. you think you ve looked
She loves the leasehold flat she bought in leeds to rent out, but says it s a constant battle to ensure the building it s in is being properly maintained. i shouldn t be having to use a disproportionate amount of my time doing this level of paperwork and to get people to do a job that i m paying them a management fee to carry out. the property managers here say the safety of their leaseholders is their utmost priority, but sheelagh s experience of being a leaseholder has left her wanting to see the back of the whole system, something that could now be coming down the road. alex forsyth, bbc news, leeds. you can hear alex on any questions, from leeds, on bbc radio 4 tonight from eight o clock, and then on bbc sounds. the former england cricket captain, michael vaughan, has denied allegations that he made racist comments towards his former yorkshire teammate, azeem rafiq.
Into things properly, but leasehold is a minefield. it s an absolute minefield. it s like a.money pit. across england one in five homes are leasehold properties. many are flats in cities like leeds that offer a chance to get on the ladder. but leaseholders have fewer rights over their properties than outright owners. they face fees and charges, often on top of mortgages, and can sometimes find it hard to buy or sell their way out. hi, emilie. hi. i m alex. take emily, who bought her flat five years ago. i can t even explain how proud i was for for being on the property ladder. for her, like many leaseholders, the tragedy at grenfell tower exposed wider problems with the system. her building needs safety work. the government s paying for it. but while the building and estate owners negotiate timescales, emily s left with higher fees for insurance and feels powerless over her property and future.
Ramco Industries Limited is having a Pressure Pipes manufacturing unit located on the Leasehold land at Maksi, Shajapur District, Madhya Pradesh, with an installed capacity of 30,000 M.T. per annum.. | October 29, 2022
Indifference. so it is time for change. 0ver indifference. so it is time for change. over the coming months, we will work with the sector to bring forward a new right to buy scheme. it will work for tenants, giving millions more the right to own their own home. it will work for taxpayers, responsibly capped at a level that is fully paid for, affordable within our existing spending plans, and with one for one replacement every social housing properties sold. and even as we deliver this homeownership revolution, we will continue with the revolution in renters rights. as the fifth anniversary of the grenfell tragedy approaches, we need no reminders of the importance of landlords listening to and working with their tenants. which is why we are giving tenants across the social and private sector better homes, greater security and access to the kind ofjustice that we all deserve, but which many are currently denied. we are also dealing with the scourge of unfair leasehold terms often
Leases, which was sort of hidden within the contracts were not very clear in many cases. tell within the contracts were not very clear in many cases. clear in many cases. tell us what ha ened clear in many cases. tell us what happened to clear in many cases. tell us what happened to you- clear in many cases. tell us what happened to you. you clear in many cases. tell us what happened to you. you have - clear in many cases. tell us what happened to you. you have been| happened to you. you have been caught up in this directly. when did you discover it and what was the amount? , ., ., you discover it and what was the amount? ,., ., ., . , amount? ok, so i have to say my lease that amount? ok, so i have to say my lease that i amount? ok, so i have to say my lease that i bought amount? ok, so i have to say my lease that i bought wasn t - amount? ok, so i have to say my lease that i bought wasn t a - lease that i bought wasn t a doubling ground rent, it was linked to rpi. one of our co founders, joe darbyshire, did have a doubling ground rent. but basically, i bought a house from taylor wimpey over on the wirral back in 2017. and i didn t realise that it was even leasehold, that it had a ground rent attached to it at all. which was ridiculous for a house. and the idea of having a doubling ground rent, which many on our estate did have, was absolutely ridiculous. because the amount our ground rent was