Although 2020 has been difficult in many ways and little has happened over new law making which might help us, members and co-ordinators continue to lobby for change. We have an undertaking from the CMA that they will look at “fleecehold” next after dealing with the leasehold new build houses mis selling scandal. We will continue to press them over this.
And now today on 7th January we have the great news that the government are going to act on leasehold, abolishing ground rents and making it easier and cheaper for leaseholders to buy their freehold. Most importantly, this is the first step in dismantling leasehold in favour of common hold. We believe there is no way that “son of leasehold” AKA fleecehold or fake freehold will be able to survive for long after these moves and we will press with renewed vigour for change here as well.
Congratulations to the National Leasehold Campaign and the Leasehold Knowledge Partnership for their tireless work for leaseholders rights.