#leasehold — Public Fediverse posts

RE: https://mastox.eu/@ZackPolanski/117265956988726324

#UKPol #UKPolitcs #Labour #Leasehold #UKHousing #Greens #GPEW

‘The market is dead’: why aren’t flats in England selling?
By Rupert Jones

Figures show most leasehold flats in England do not find a buyer within six months, despite slashed prices

https://www.theguardian.com/money/2026/aug/08/flats-in-england-not-selling-slashed-prices-buyer

#Property #Housingmarket #Money #Houseprices #Leasehold #Business #Firsttimebuyers #UKnews #Realestate #England #TheGuardian #RupertJones

@PKYo
That reminds me, I should be writing to various MPs about cottages like those sold off by the #Bridgewater #Canal #Company at #PrestonBrook.

The terrace, built in the late 1700s, was sold off one house at a time in the 1950s. They all had brick built privies clustered together in a #communal #yard. Because the remaining #tenants all needed access to the yard the canal company retained ownership and provided an annual licence to each purchaser permitting access to the communal area.

There's no #lease. No #contract on #fees to be charged. The canal company can, it seems, charge what they like both to issue a #licence to a new #buyer of a #cottage and any #annual renewal #fee.

We ought to be able to add some appropriate clauses onto any upcoming #legislation that gives owners of #leasehold #property the #righttobuy such communal ground.

The attached map from 1894 shows the terrace, their privies and how some don't even have space to hang out washing to dry. @ukwaterways