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MSE News: Taylor Wimpey sets aside £130m to help leaseholders trapped by onerous...

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MSE News: Taylor Wimpey sets aside £130m to help leaseholders trapped by onerous...

edited 30 November -1 at 1:00AM in House Buying, Renting & Selling
1 reply 897 views
MSE_LukeMSE_Luke MSE Staff
295 posts
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edited 30 November -1 at 1:00AM in House Buying, Renting & Selling
Housebuilding company Taylor Wimpey has earmarked £130m as part of plans to help customers trapped in onerous contracts...
Read the full story:
'Taylor Wimpey sets aside £130m to help leaseholders trapped by onerous contracts'
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Replies

  • FrezkiFrezki Forumite
    4 posts
    Hi Luke & All,

    I have bought a leasehold flat build by TW, but not purchased from TW. I purchased it in in 2014 and my leasehold has the 10 year doubling of ground rent clause in it. The property was build in 2009.

    Now on TW website about the "Ground Rent Review Assistance Scheme" says that only customers who purchased through Taylor Wimpey are eligible for the application for the schema. Otherwise I would need to contact the current freeholder.

    However, TW is also the current freeholder. I'm unsure what the best cause of action is. I see two options. One is I write a letter to TW directly or I apply for the schema ignoring the fact that I did not purchase it from TW directly.

    What would you or anybody else in the forum recommend?

    Kind Regards

    Frezki
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