May 23, 2017

Welcome to Spire View, our commonhold retirement paradise

– 16 commonhold properties in Pickering, North Yorkshire, originally for over-55s – Built by New Zealand architect, who did not exploit the monetising possibilities of English leasehold law – Swimming pool, guest suite, communal gardens, orangerie, underfloor heating, communal boiler – Three still for sale. £2,000pa service charge   Spire View in the attractive market town […]

Bring in commonhold by 2020, says MP Jim Fitzpatrick

Jim Fitzpatrick, the Labour MP for Poplar and Limehouse and a patron of LKP, has moved an amendment to the Housing Bill that will see leasehold ended by January 1 2020. Instead, flats should be sold through commonhold tenure only. This is the first time since the Commonhold and Leasehold Reform Act of 2002 that […]

McCarthy and Stone float: before we expand retirement housing, here are a few urgent reforms …

COMMENT So the sharper end of the City reckons its punt on retirement housing may pay off next year. The Sunday Times article on the possible float of McCarthy and Stone was preceded by one in the FT, here According to the FT a number of investment banks have been in contact with McCarthy and […]

Carlex / LKP holds Westminster meeting on commonhold

Last Thursday (June 26) Carlex / the Leasehold Knowledge Partnership held an all-party meeting on commonhold in the House of Commons. The meeting was organised by Martin Boyd, co-director of LKP, and hosted by MPs Ed Davey (LibDem), Sir Peter Bottomley (Conservative) and Jim Fitzpatrick (Labour). More than 50 delegates attended from the Commons, the […]