Should the Government act NOW to reform leasehold? LEASEHOLD SCANDAL

zenbuddhist

I think it's too simplistic to say aggrieved leaseholders failed to read a contract etc. Introducing commonhold would be a positive reform. I think that's what the law commission recommended? They know their stuff, don't they? 

hazyjo

Bazurk said:

hazyjo said:

Ooh look, another new poster. This thread has obviously been linked to on that FB group or something. 

Seriously? People honestly don't even (at least) think to google "leasehold" in this day and age with the internet? Really?!

Do you mind me asking what is your current home tenure? Abs what do you do for a living?

Why? So you can pick holes in it?

Not that it's relevant, but I'm a secretary. I have one house with a mortgage. I've had two leasehold flats in my time.

Nobody is trolling the whole hell out of anyone. We just think lack of knowledge isn't something to blame someone else for.

Can also assure people that it wasn't easy for us. We had interest rates in double figures, everything like furniture and electrical equipment cost even more than it does today (everything I owned like a sofa was ancient and donated, damaged, and at least secondhand and I had my grandparents' old telly - and they'd been dead nearly 10 years!). We could also only borrow far less like 3 x one salary or 2.5 x joint. There was a massive recession... That was the 1990s btw, not the 1950s or anything lol.

Comms69

Bazurk said:

Comms69 said:

leadins123 said:

Ooh LoOk aNoThEr nEw PoStEr. Yes congratulations Sherlock Holmes, we are here to defend Katie who works tirelessly to see justice done; try to have some empathy, calling people stupid for being fooled by clever solicitors and developers is unfair and not necessary. 

Sorry she needs you to create accounts to defend her does she? 

Comms69 said:

leadins123 said:

Ooh LoOk aNoThEr nEw PoStEr. Yes congratulations Sherlock Holmes, we are here to defend Katie who works tirelessly to see justice done; try to have some empathy, calling people stupid for being fooled by clever solicitors and developers is unfair and not necessary. 

Sorry she needs you to create accounts to defend her does she? 

Comms69 said:

leadins123 said:

Ooh LoOk aNoThEr nEw PoStEr. Yes congratulations Sherlock Holmes, we are here to defend Katie who works tirelessly to see justice done; try to have some empathy, calling people stupid for being fooled by clever solicitors and developers is unfair and not necessary. 

Sorry she needs you to create accounts to defend her does she? 

Comms69 said:

leadins123 said:

Ooh LoOk aNoThEr nEw PoStEr. Yes congratulations Sherlock Holmes, we are here to defend Katie who works tirelessly to see justice done; try to have some empathy, calling people stupid for being fooled by clever solicitors and developers is unfair and not necessary. 

Sorry she needs you to create accounts to defend her does she? 

@Comms69 - Do you mind me asking what is your current home tenure? And what do you do for a living?

Quite sensibly I rent and I work in the public sector

Comms69

leadins123 said:

Not at all, but why should you all troll the hell out of her and get away with it? I bet most of you are of an age where houses were so easy to buy and had no traps involved. Empathy really is something lost on you lot, either that or you benefit from this messed up system.  

Who do you think is trolling her?

You do understand what trolling is, correct? It's not simply disagreeing with someone. 

I'm mid 30s, I rent. So dont presume. 

simondv

hazyjo said:

Ooh look, another new poster. This thread has obviously been linked to on that FB group or something. 

Seriously? People honestly don't even (at least) think to google "leasehold" in this day and age with the internet? Really?!

Ooh look another so called "leasehold expert" Really !

simondv

h

Bazurk said:

hazyjo said:

Ooh look, another new poster. This thread has obviously been linked to on that FB group or something. 

Seriously? People honestly don't even (at least) think to google "leasehold" in this day and age with the internet? Really?!

Do you mind me asking what is your current home tenure? Abs what do you do for a living?

Why? So you can pick holes in it?

Not that it's relevant, but I'm a secretary. I have one house with a mortgage. I've had two leasehold flats in my time.

Nobody is trolling the whole hell out of anyone. We just think lack of knowledge isn't something to blame someone else for.

Can also assure people that it wasn't easy for us. We had interest rates in double figures, everything like furniture and electrical equipment cost even more than it does today (everything I owned like a sofa was ancient and donated, damaged, and at least secondhand and I had my grandparents' old telly - and they'd been dead nearly 10 years!). We could also only borrow far less like 3 x one salary or 2.5 x joint. There was a massive recession... That was the 1990s btw, not the 1950s or anything lol.

Here we go with the 4 Yorkshiremen sketch again, "life was tough in my day"

It's not lack of knowledge, many relied on conveyancers who failed them and expect a reasonably fair system in England and Wales with some basic consumer protections. Leasehold fails in that regard.

Comms69

simondv said:

h

Bazurk said:

hazyjo said:

Ooh look, another new poster. This thread has obviously been linked to on that FB group or something. 

Seriously? People honestly don't even (at least) think to google "leasehold" in this day and age with the internet? Really?!

Do you mind me asking what is your current home tenure? Abs what do you do for a living?

Why? So you can pick holes in it?

Not that it's relevant, but I'm a secretary. I have one house with a mortgage. I've had two leasehold flats in my time.

Nobody is trolling the whole hell out of anyone. We just think lack of knowledge isn't something to blame someone else for.

Can also assure people that it wasn't easy for us. We had interest rates in double figures, everything like furniture and electrical equipment cost even more than it does today (everything I owned like a sofa was ancient and donated, damaged, and at least secondhand and I had my grandparents' old telly - and they'd been dead nearly 10 years!). We could also only borrow far less like 3 x one salary or 2.5 x joint. There was a massive recession... That was the 1990s btw, not the 1950s or anything lol.

Here we go with the 4 Yorkshiremen sketch again, "life was tough in my day"

It's not lack of knowledge, many relied on conveyancers who failed them and expect a reasonably fair system in England and Wales with some basic consumer protections. Leasehold fails in that regard.

You're not a consumer in house buying. That's obvious. That's why you pay for legal advice. And frankly you shouldnt be buying a house if you cant read a simple contract.

simondv

Comms69 said:

Katiejane13uk said:

Comms69 said:

No. The govt shouldn't get involved in nonsense where people cant read a contract - that's their problem. 

Government ARE involved already.

I’m saying they shouldn’t be. At all.

you have to be an adult to buy a property- if you can’t understand the terms of that purchase, then that’s YOUR fault for agreeing

You have to be an adult to buy a car or fridge. If it catches fire because of a manufacturing defect then that's YOUR fault for agreeing to buy it.

simondv

Comms69 said:

nicleanne2004UK said:

Sold my freehold property in 2002. Miss-sold my flat in 2004, was never told by solicitors that I would have to pay Major Works , , only the Service Charges would be reasonable. In 2007 the Council sold my flat to a Housing Association, which billed me for works which are never done. My Service Charges have gone up so much that I went into forfeit in Lockdown and had to pay £11,500 so my mortgage is right back to 2004 when I first purchased my flat. I received my Service Charge bill for 2019/2020 and the HA have added additional costs door service, criminal damages and in the past mould and rat infestation. 

I have been fighting this for 13 years now and it’s financially and mentally draining me I have lost £30k. I have no partner to help me, I’m dealing with all this alone.
Leasehold is a scandal and needs abolishing, we pay out our hard earned money for nothing. My flat is worth nothing and I feel trapped I will eventually go bankrupt. 

Sounds like you just simply carried on making mistakes, didn’t learn from it and for some reason your lack of partner is relevant to this- no idea why...

Sounds like you make pointless comments on this thread and have no knowledge of leasehold - no idea why...

klynch123

I cannot believe that a question mark even surrounds this issue.

YES. IT SHOULD