Louie Burns welcomes MP’s Private Members Bill calling for reform to leasehold legislation

Last month, Labour MP Justin Madders introduced a Private Members Bill to Parliament to establish provisions about the regulation of the purchase of freeholds by leaseholders. Leasehold Solutions Managaing Director, Louie Burns, is a fierce advocate for the rights of leaseholders: “We very much welcome the policies that Mr Madders advocates in his Private Members Bill, which are all very sensible, progressive … Read More

Leasehold Solutions welcomes ‘Consumer Code for New Homes’

A Consumer Code for New Homes (CCNH) has been launched today, with the aim of improving the marketing, selling and after-sales service provided by developers that sign up to the code. The code aims to provide consumers with a clear complaints process if things go wrong when they buy a new home from a developer. Our MD,  Louie Burns, welcomes any … Read More

Leasehold Solutions welcomes Sajid Javid’s call for a new independent regulatory body to oversee the leasehold sector

Leasehold Solutions, the UK’s leading leasehold enfranchisement specialists, has welcomed yesterday’s announcement by the Communities Secretary, Sajid Javid, that the Government is considering creating a new independent regulatory body to oversee leasehold and private rented management. The Government is seeking views on whether regulatory overhaul of the sector is needed to fix the problems in the property management industry during … Read More

Government proposes a ban on the sale of leasehold homes: Our response

Leasehold Solutions welcomes this morning’s news that Communities Secretary Sajid Javid has put in motion proposals to ban the sale of new build leasehold houses. The Government’s plans, which are now subject to an eight week public consultation, include banning leaseholds on all new build houses and reducing ground rents in England. Although Leasehold Solutions welcomes the news of the … Read More

STOP PRESS!

We work closely with national and trade press to raise awareness of leasehold issues. Recent articles can be read here:  The scandal of newbuild houses sold as leasehold You may not actually own that home you think you bought Moneyweek, February 2017 The real world reality of virtual freeholds  The Negotiator, February 2017  Do you really own your home? Not … Read More

2017 set to be the worst year for leaseholders

2017 set to be the worst year for leaseholders, claims leasehold expert and MD of Leasehold Solutions, Louie Burns Last year was the worst year to be a leaseholder in living memory, and the situation for the UK’s 4.1 million leasehold flat owners looks set to be even worse in 2017. That’s the view of  our Managing Director, Louie Burns. … Read More

The reality of ‘virtual freeholds’ is a real nightmare for thousands of flat owners

The owners of tens of thousands of newly-built leasehold flats, marketed as ‘virtual freehold’ properties with 999-year leases, are in danger of losing their capital investment, claims Louie Burns, Leasehold Solutions’ Managing Director. The term ‘virtual freehold’ implies flat owners do not need to be concerned when buying a leasehold property, as the long lease should protect their capital investment … Read More

Compulsory purchase orders on London’s council estates a “form of social cleansing”

Press release: 29 September 2016 The threat of Compulsory Purchase Orders (CPOs) has become one of the biggest perils to ex-local authority leaseholders in London. Louie Burns, Managing Director of leasehold enfranchisement specialists Leasehold Solutions, argues that the human cost of CPOs amounts to a form of ‘social cleansing’ which will force the poor and ethnic minorities out of the … Read More

Slow post-Brexit house price growth may be good news for flat owners

Press Release: 12 August 2016 The growth in UK house prices slowed to its lowest pace in three years in July, following Britain’s vote to leave the European Union and recent changes to stamp duty rates on buy-to-let properties and second homes. According to a survey by The Royal Institution of Chartered Surveyors this week, demand in the UK’s housing … Read More

Brexit vote may spell opportunity for flat owners to secure cheaper lease extensions

  Press Release: 11 July 2016 Falling residential property prices in the wake of the ‘Brexit’ vote may be good news for the UK’s four million leasehold flat owners, according to leasehold enfranchisement specialists at Leasehold Solutions. The company has called on flat owners to extend the length of their leases now, in order to protect the full value of … Read More