The King's Speech To Announce 'All But The End Of Leasehold System' System'

If it does come about, that will be an end to an unjust feudal relic.

The recent revival and abuse of the leasehold is leading to measures that are using a sledgehammer to crush a nut.

Most leasehold properties have long leases and low fees and in most cases the leases can be extended at a reasonable cost.

DD lived in Letchworth Garden City. Originally everyhouse was leasehold with 999 year leases and an unchangeable £30 a year leasehold charge. DD could have bought the freehold of her house for a couple of thousand £s, but didn't bother on the basis that with nearly 900 years still left of the lease, she as good as had a freehold anyway.

I absolutely agree that, after recent abuses, leasehold needs reform, but I see no reason for abolition.

Abuse of the leasehold system needs to change. I live in a leasehold property in Wales and we pay one daffodil each year. I don't feel that's too onerous but people paying unfair and mounting costs each year needs to be stopped.

There's been disgraceful abuse of leaseholds in recent years. Thank goodness something is being done about it, it has made too many properties unsaleable and caused untold misery to some people who were IMO misled by solicitors working on behalf of builders not their clients.

It's the "all but" bit that's a bit worrying.

I hope it will apply to warden assisted/retirement properties. The developers of these projects play fast and loose with the residents, as, to some extent, they've got them over a barrel and can be a nightmare to sell.

All the time a property is leasehold you're at the mercy of the freeholder. Even if it's a share of the freehold arrangement, it's still treated as a leashold property for sale and purchase purposes.

AGAA4

Abuse of the leasehold system needs to change. I live in a leasehold property in Wales and we pay one daffodil each year. I don't feel that's too onerous but people paying unfair and mounting costs each year needs to be stopped.

Is that Bulb or flower? And how do you pay it?