#leasehold — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #leasehold, aggregated by home.social.
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@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
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"Calls are mounting to pass the secondary legislation needed to enforce the #Freehold Reform Act 2024, which would ban developers from selling new houses as leaseholds, make it cheaper to extend a lease and increase the standard lease length to 990 years. The new government is also planning further reform with the introduction of the #leasehold and #commonhold reform bill."
https://www.theguardian.com/money/2024/oct/19/property-owners-bills-lease-expire-mortgage
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Michael Gove admits housing crisis is even worse than you think | The Independent
https://www.independent.co.uk/news/uk/politics/michael-gove-housing-immigration-tories-b2454171.html#Gove
#HousingCrisis
#Housing
#NotEnoughBuiltForDecades
#AcuteHousingShortage
#Freehold
#Leasehold
#Immigration
#Rwanda
#Braverman
#Cleverly
#DowningStreet
#Badenoch -
The UK leasehold system sounds like they tried to copy Home Owners Associations and make them worse... Of course as this article points out it pre-dates America by a long stretch.
But I wonder how many of the freehold buildings that will replace leasehold will have as many issues as American HOAs?