18m+ block, remediated to EWS B1 in 2023. Now internal fire stopping & structural defects found. Never fucking ending, never buy leasehold.
UK
Joined December 2019
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Do we not learn anything? Cutting red tape cost some taxpayers everything and has left millions of others trapped in buildings with ‘defects’ that were swept under the carpet in the name of progress 💚
Alan Buckman | @alanbuckman.bsky.social retweeted
This quote from the Guardian article today sums it up perfectly:
“The question for the government is whether the proposed reforms give the owners of the existing 5m leasehold homes a credible route out of their dependency – or just regulate their continued subservience.”
5m leaseholders know the answer to that question.
GR reform is 40yrs, deployed as ‘good news’. Meanwhile the BSR fails 2 hold FHldrs to account & proposed regulator will be toothless. Life threatening remediation isn’t happening, lenders r refusing remortgages & LHrs face eviction. Govt actions aren’t remotely ambitious enough.
"I have a bit of unfinished business, confronting the scandal faced by millions of leaseholders," Angela Rayner says
We are "capping and then scrapping ground rents" to put "money back in people's hands", the housing secretary adds
Follow live: bbc.in/4dDRgv6
#Waverley, escorted by M.T. Kent and other historic #Chatham #Medway steam tugs at #Upnor en-route to #Rochester
Alan Buckman | @alanbuckman.bsky.social retweeted
Before you lock someone up for life for using very specific methods of murder, you need solid proof that those very specific methods were indeed used. Not only is this absent in all the #lucyletby murder convictions, but non-murderous alternatives are far more plausible & likely.
How’s the unfinished business going @AngelaRayner ?
Alan Buckman | @alanbuckman.bsky.social retweeted
Goodbye to Dame Esther Rantzen.
Thanks for this all time great TV moment…
Agreed, I watch Mornings, but leasehold issues do not get anywhere near enough coverage. The most important thing now, is to question whether the upcoming bill meets manifesto commitments to ‘end’ leasehold and the law commission proposals from 2020. This is currently debatable.
Alan Buckman | @alanbuckman.bsky.social retweeted
There is SO much concern on my feed about 'My First Home'...concerns I share from experience of being trapped in Shared Ownership-another government backed scheme to "help" first time buyers & billed as "affordable".
Alan Buckman | @alanbuckman.bsky.social retweeted
This is not the way to improve the property market. If you want smaller deposit mortgages we have them already, if you want properties sold then work on getting mortgage rates cheaper, remove leasehold issues, and build a wider variety of properties.
If you don't have help from the bank of Mum and Dad, this is for you:
This government is introducing the Your First Home scheme to help more young people buy their first home with a deposit of just 2.5%.
That means less to save upfront, and lower monthly costs once you’ve got the keys.
And this help is coming soon, with pre-registration set to open by the end of the year.
ALT Graphic reads: Launching soon, first-time buyers scheme with 2.5% deposit.
Alan Buckman | @alanbuckman.bsky.social retweeted
No, it’s about taxpayers subsidising developer profits. The same developers who failed to fix thousands of defective buildings they built.
And @UKlabour is just throwing another generation under the bus.
Alan Buckman | @alanbuckman.bsky.social retweeted
A lot of young people believed they were doing the right thing when they were buying their first leasehold flat. They’re instead left holding the can on dangerously defective fire trap buildings with a tenure that maximises misery. Help to Buy 2.0 is reward for industry failure.
Let's be honest.
A lot of young people have stopped believing they'll ever own their own home.
That's what happens when rents are high, house prices are high, and saving for a deposit feels impossible.
My Labour government is stepping in to help.
With Your First Home, first-time buyers will be able to buy a new-build home with a deposit of just 2.5%.
Because hard work and saving should count for something.
And because the dream of owning your own home shouldn't belong only to those with help from the bank of Mum and Dad.
Let’s be honest. The new build flat market has collapsed because people have wised up and don’t want to get in to the leasehold trap where they have zero control of build quality and service charges. I don’t see this policy delivering what developers want - more cash cows.
Let's be honest.
A lot of young people have stopped believing they'll ever own their own home.
That's what happens when rents are high, house prices are high, and saving for a deposit feels impossible.
My Labour government is stepping in to help.
With Your First Home, first-time buyers will be able to buy a new-build home with a deposit of just 2.5%.
Because hard work and saving should count for something.
And because the dream of owning your own home shouldn't belong only to those with help from the bank of Mum and Dad.
Alan Buckman | @alanbuckman.bsky.social retweeted
Glad someone else sees this Labour ponzi scheme is just a lambs to the slaughter (negative equity trap for young people) just to try and prop up a beleaguered housing market
Alan Buckman | @alanbuckman.bsky.social retweeted
Somebody needs to take this guy's Twitter account away from him.
Has he forgotten he was a dreadful housing minister?
Alan Buckman | @alanbuckman.bsky.social retweeted
No idea who this is actually helping. Housebuilders?
Let's be honest.
A lot of young people have stopped believing they'll ever own their own home.
That's what happens when rents are high, house prices are high, and saving for a deposit feels impossible.
My Labour government is stepping in to help.
With Your First Home, first-time buyers will be able to buy a new-build home with a deposit of just 2.5%.
Because hard work and saving should count for something.
And because the dream of owning your own home shouldn't belong only to those with help from the bank of Mum and Dad.
Alan Buckman | @alanbuckman.bsky.social retweeted
You have time to create this new scheme but no time to abolish leasehold?
