Believer in the need for LEASEHOLD REFORM, Legal Trainer and Author for 18+ years, specialising in CONVEYANCING, with a main focus on FLAT AND APARTMENT LEASES
Joined August 2020
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The cladding bill for leaseholders: £10bn-£50bn
The cladding tax: £200m per year over 10yrs
Persimmon made £783.8m in pretax profits last year. Barratt Homes £812.2m, Berkeley £518.1m, Taylor Wimpey £264.4m, Bellway £236.7m, Vistry £98.7m
Outrageous!
a.msn.com/00/en-gb/AAPP5pq?o…
The moment that confirmed the Leasehold and Freehold Reform Act 2024 will become law. Whatever its shortcomings, this legislation is one of the most important Acts in the history of property law. And I would also like to thank the leasehold campaigners that made this possible.
The most moving moment of the HL debate on the Leasehold and Freehold Reform Bill. Baroness Fox pays tribute to heroic leasehold campaigners, without whom none of these reforms would have happened.
Leasehold Reform: Lease Extensions and Building Safety Act — Hot off the Press
MPs have just agreed (without a vote) an amendment to the Levelling Up and Regeneration Bill, so that “a connected replacement lease” is now a “qualifying lease”.
A CRL includes a surrender and regrant where the new demise consists of (i) some or all of the “already let” property, together with other property, or (ii) some, but not all, of the already let property (but no other property) (a “property reduction”).
StephenDesmond, The Conveyancers' Cheerleader retweeted
🏡#Leaseholds are a complex and high-risk area of practice...
📲Please scan the QR code in the image below or click on the link to book your place: bit.ly/RegisterLeaseholdConv…
#conveyancing #conveyancers
StephenDesmond, The Conveyancers' Cheerleader retweeted
Reserve your place at our latest Seminar, with our guest speaker @stephenjdesmond 24th October, Swansea City Stadium @xpresslegal #training #conveyancing #CPD #Cardiff #Southwales #solicitors rb.gy/0jioi
While noting @mtpennycook's criticisms of the govt,
I wonder: will Labour commit to removing the distinction between leaseholders who have many protections and others with practically none, so ALL leaseholders are shielded from the costs of historical building safety defects?
👏@mtpennycook 🙏
“@GOVUK … made the political choice to only give some LH protection …leaving some exposed to bills that will … lead to financial ruin …. & material impact on the progress of buildings where such NQ are large in number.
I urge the SOS to reconsider”
⚖️@luhc
StephenDesmond, The Conveyancers' Cheerleader retweeted
Last few places available on our #conveyancing #CPD training seminar in #Kent.
Book your place here: eventbrite.com/e/hot-topics-…
#thelegalhour #conveyancers #training
StephenDesmond, The Conveyancers' Cheerleader retweeted
Good morning @MichaelGove @Lee4NED
This was 2 years ago.
We are still trapped.
#EndOurCladdingScandal
Millions of UK residents are innocent victims of the #BuildingSafetyCrisis
Last night, we shared this film projection onto the Houses of Parliament.
Please share. Please make sure our voices are heard.
#WeAreTrapped
#EndOurCladdingScandal
I am aware that there are different priorities within the leasehold campaign community. While I am not an activist, I follow leasehold developments closely and will share my own thoughts and insights in the hope that, in some small way, I can be of assistance to this community.
NOW is the right time to intensify efforts to overhaul the BSA. Non-qualifying lease extensions and enfranchisements are the tip of the iceberg. Root & branch reform is necessary and, given the mess created by leaseholder protections, inevitable. Let's give it our best shot @luhc
From recent interactions, I sense there might be a little disunity among some in the leaseholder campaign community. Hope I'm wrong. A collective response from those seeking to protect the best interests of #leaseholders is more likely to be effective than one which is fractured.
It is ludicrous that if a relevant building (11+m high) consists entirely of BSA qualifying leaseholders and a majority of those leaseholders then enfranchise, their building would no longer be a relevant building and they would all lose their BSA protections. Yet ...
the government claims it is committed in the Kings Speech to making enfranchisement claims simpler and less costly. How on earth do you resolve this contradiction? 🤔🤔🤔 Protect the non-qualifying!
@luhc
#BuildingSafetyAct
StephenDesmond, The Conveyancers' Cheerleader retweeted
People were encouraged to become investors and invest in buy to let to top up their pensions, now these people are being thrown under the bus by retrospective regulation which ruins the lives of buyers and allows the real culprits , the developer donor cartels get away with it
Malcolm bought nine small rental flats in 2007-8 for around £80,000 each. They are effectively valued at £0 because of defects found in post-Grenfell checks. Estimated remediation costs are £33,000 per flat. He now faces financial ruin. So unfair! news.sky.com/story/the-post-….
StephenDesmond, The Conveyancers' Cheerleader retweeted
“Non-qualifying leaseholder” should never have been a thing. All leaseholders should have been afforded the same protections.
StephenDesmond, The Conveyancers' Cheerleader retweeted
Surely something must be done to reverse the consequences of non qualifying leases, which make leases unsaleable in the open market in perpetuity. BTL leaseholders like me face ruin,Freeholders gain enrichment. Surely not an intentional consequence of BSA? #EndOurCladdingScandal