NICHOLAS LARKIN @nlshow - Twitter Profile

13 days ago

@SW_Help train travel in country is a complete rip off to begin with and then you pay the astronomical fare and can’t even get a seat. UK rail travel is utterly awful

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Free Leaseholders

@FreeLeasehlders

29 days ago

LEASEHOLDERS SCREWED BY STARMER’S SECOND KING’S SPEECH: STATEMENT FROM FREE LEASEHOLDERS 13/5/26 To save his premiership, on Monday Keir Starmer lambasted the politics of incrementalism, yet the Commonhold and Leasehold Reform Bill announced in today’s King’s Speech is infected with the status quo. This is more talk big, act small politics from the Starmer government. It is an insult to the millions of leaseholders being looted in their homes that a Labour government has walked back its manifesto promise to “end” the feudal leasehold system, instead serving up sham “reform” designed to keep Big Money interests happy. Astonishingly, the only new measure appears to be little more than a right for leaseholders to petition at the feet of their freeholder masters for permission to get an internet connection. It is the modern-day equivalent of telling the peasants to eat cake. The inclusion of this pro-leasehold measure comes just days after the main freeholder lobby group held a cosy conference with a PR firm and government civil servants, seeking to reposition themselves as Net Zero delivery partners to gain control over even more of captive leaseholders’ hard-earned money under the guise of essential block “improvements”. Our supporters are trapped in their homes, unable to sell or remortgage and suffering negative equity, while Hamptons has found that 37% of leasehold flats now have service charges in excess of 1% of the property value, which lenders increasingly refuse to back. Right to Manage, for those lucky enough to perform the legal somersaults required to qualify, already shows that leaseholders can take a chainsaw to wasteful spending, with our supporters achieving average service charge savings of 20–30% by removing extractive freeholders and choosing local contractors. Yet this Bill fails to slash the red tape and introduce a universal Right to Manage, despite the Law Commission’s 2020 blueprint and its inclusion in the Labour manifesto and the first King’s Speech. With this Commonhold and Leasehold Reform Bill, the government is propping up the service charge racket and the property mafia who benefit. Instead of giving leaseholders rightful control of their homes, money, and lives in a cost of living emergency, Starmer and his ministers have sided with vested interests, which is killing the housing market. It would be particularly cruel to bring forward amendments to the 2024 Act while still leaving leaseholders in financial servitude to their freeholders because they cannot afford to buy out their freehold due to uncapped development value. This is despite the Law Commission’s recommendation to restrict development value, and a previous Conservative promise that was ultimately dropped under lobbying pressure before the 2024 legislation was passed. Under Starmer’s Labour, leaseholders are doomed as corporate capture of policymaking continues in the post-Mandelson era.

FreeLeasehlders's tweet photo. LEASEHOLDERS SCREWED BY STARMER’S SECOND KING’S SPEECH: STATEMENT FROM FREE LEASEHOLDERS 13/5/26

To save his premiership, on Monday Keir Starmer lambasted the politics of incrementalism, yet the Commonhold and Leasehold Reform Bill announced in today’s King’s Speech is infected with the status quo.

This is more talk big, act small politics from the Starmer government.

It is an insult to the millions of leaseholders being looted in their homes that a Labour government has walked back its manifesto promise to “end” the feudal leasehold system, instead serving up sham “reform” designed to keep Big Money interests happy.

Astonishingly, the only new measure appears to be little more than a right for leaseholders to petition at the feet of their freeholder masters for permission to get an internet connection. It is the modern-day equivalent of telling the peasants to eat cake.

The inclusion of this pro-leasehold measure comes just days after the main freeholder lobby group held a cosy conference with a PR firm and government civil servants, seeking to reposition themselves as Net Zero delivery partners to gain control over even more of captive leaseholders’ hard-earned money under the guise of essential block “improvements”.

Our supporters are trapped in their homes, unable to sell or remortgage and suffering negative equity, while Hamptons has found that 37% of leasehold flats now have service charges in excess of 1% of the property value, which lenders increasingly refuse to back.

Right to Manage, for those lucky enough to perform the legal somersaults required to qualify, already shows that leaseholders can take a chainsaw to wasteful spending, with our supporters achieving average service charge savings of 20–30% by removing extractive freeholders and choosing local contractors.

Yet this Bill fails to slash the red tape and introduce a universal Right to Manage, despite the Law Commission’s 2020 blueprint and its inclusion in the Labour manifesto and the first King’s Speech.

With this Commonhold and Leasehold Reform Bill, the government is propping up the service charge racket and the property mafia who benefit.

Instead of giving leaseholders rightful control of their homes, money, and lives in a cost of living emergency, Starmer and his ministers have sided with vested interests, which is killing the housing market.

It would be particularly cruel to bring forward amendments to the 2024 Act while still leaving leaseholders in financial servitude to their freeholders because they cannot afford to buy out their freehold due to uncapped development value.

This is despite the Law Commission’s recommendation to restrict development value, and a previous Conservative promise that was ultimately dropped under lobbying pressure before the 2024 legislation was passed.

Under Starmer’s Labour, leaseholders are doomed as corporate capture of policymaking continues in the post-Mandelson era.

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NICHOLAS LARKIN

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