Building solutions to the housing crisis in England & Wales. Abolish leasehold and implement commonhold

London, England
Joined March 2009
Up to Apr 2024 Labour said it would introduce legislation to ban the freehold-leasehold tenure ‘in its first 100 days’ of government - it didn’t.
Labour's Lisa Nandy says her party will introduce legislation to end lease holding in the first 100 days of getting into government if elected. #KayBurley: trib.al/BSuiSZC 📺 Sky 501, Virgin 602, Freeview 233 and YouTube
13
64
156
6,857
‘Manchesterism’
🚨 The Manchester City scandal excellently explained by the brilliant illustrations of Sports Ball. 💰⚽️ Give this man a medal. 🥇👏 (🎥 @_SportsBall_)
89
Accurate
The construction sector is collapsing. Labour committed to 1.5 million homes. 300,000 a year. London alone needs 88,000. Last figures showed London started just 4,500. Labour's jobs tax, red tape and regulation have caused this. Young people cannot get on the housing ladder. Working people are priced out of the communities they grew up in. The Conservatives will cut red tape, reduce employment taxes and scrap stamp duty. We will get Britain building again.
2
4
240
"Putting more money in working peoples pockets"
"Average UK households are now almost £3,000 worse off than they would have been without the inflation shocks [since 2020]" Energy bills up 70%. Water bills up 61%. Food prices up 38% And that's on top of wages falling in real terms from 2008-18
1
3
9
276
“The Government is dishing out money to organisations that are demonstrably failing their tenants,” said Professor Janice Morphet, an expert on social housing at University College London. Clarion, Sanctuary, Hyde, Metropolitan, Stonewater and Places for People each had over 100 findings of maladministration last year. Clarion, Sanctuary and Hyde each had 10 or more findings of “severe maladministration”.
Six housing associations getting grants to build new homes each received over 100 findings of ‘maladministration’ by the housing ombudsman last year Read more: trib.al/72Bm3AS
5
7
198
The freehold-leasehold system is failing 5mn people in England & Wales. We must fast-track share-of-freehold and commonhold conversion to give residents ownership & management control over their homes. No more exploitation by dysfunctional freeholders @AngelaRayner @mtpennycook
A statement from the Secretary of State on the Grenfell Tower tragedy.
2
21
52
1,201
Progress toward justice
Breaking: the Met Police has submitted charging files to the Crown Prosecution Service resulting from its Grenfell fire investigation. The files cover 54 individuals and 20 companies and cover charges including fraud, misconduct in public office and manslaughter
4
9
337
Not sliding, slid
EXCLUSIVE: Monzo, the digital lender which has become one of Britain's biggest consumer banks, is in talks about a sale to Brazil's Nu Holdings which could value it at between £8bn and £10bn, ending the prospect of a near-term IPO of a UK fintech champion. news.sky.com/story/digital-b…
93
Welcome news for first time buyers. Your First Home scheme - 2.5% interest free fixed term equity loan up to 20% property value, new builds only, applications opening late 2026 bbc.co.uk/news/articles/cv8e…
68
1
4
7
3,417
Accelerate
"People aren't ready, this is gonna change everything" You know what people weren't ready for? Fucking mammoths. Tigers eating them. Monkeys ripping their arms off. The black plague. The ice age. Smallpox. Vikings pulling up on the beach. Drinking water that gives you diarrhea until you die. Getting a scratch and losing your whole leg. The Mongols. The Spanish Inquisition. One volcano can send us back to the dark ages and these safety guys are gonna be shocked. Oh the robots didn't kill us? It was a volcano? Imagine their disappointment as the hot ash rains down on them. A solar flare is gonna explode your phone in your pocket your legs are gonna be covered in battery acid and your bank account will stop working. You're afraid of a computer program doing math? "Things are moving too fast" homie you live on a rock that periodically deletes everything. You are one the most luckiest entities in a 100 light year radius living during a golden era. Cheer up. My ancestors crossed an ocean in a wooden box because they ran out of fucking potatoes. "The social disruption will be enormous!" Nigga World War 2? World War 2? Hop in the people carrier we're landing on the beach. Are these people out of their fucking minds? Do they not know what we've survived already? A couple decades of air conditioning and people suddenly think oh this is the natural condition of mankind. No. We used to have eight kids because seven didn't make it. You're gonna be fine. Man the fuck up. Accelerate.
150
The UK is learning hard lessons about giving up hard power
'This is a very chilling and important lecture.' Former Adviser at the MOD Gwythian Prins explains why an ex-MI6 chief is set to speak on the need for the government to prioritise defence against Russia and China over net zero.
1
157
Leasehold in England and Wales is not fit for purpose and needs binning. 5mn leaseholders know it, lenders know it, Gov knows it, the market knows it
Replying to @business
It's a Flats/Leasehold story. All London other property types are at all-time highs or within 2%. Flats make up >50% of all transaction in London since January 2025 vs 16% nationally.
2
26
62
3,838
This is a vast erosion of wealth in Labour's heartland demographic. Leasehold for flats in England and Wales should be ended and replaced by commonhold asap to salvage flat values. What happened to "putting more money in working people's pockets"?
London Flats trade at a 23% discount to the overall London average price. This is the largest discount ever in the data series.
7
1
19
1,602
Events are overtaking the Burnham government
The prime minister says the upcoming budget will "challenging" amid global economic shocks. Andy Burnham has been speaking to broadcasters in Woking. trib.al/Xd1jFh2 Sky 501
2
3
8
1,073
The housing sector in England and Wales is ‘functioning as designed’ by the Labour Gov. Can’t simultaneously disincentivise developers and expect them to build ‘1.5mn new homes in this parliament’; wide, deep and long term consequences
Times (£) Kier construction group confirmed on Tuesday that there will be “no investment in new property developments” although it will see out the projects already under way. thetimes.com/business/compan…
2
2
7
373
Cash for keys corruption is rife in social housing
Council staff taking bribes 💷 to push people up council housing waiting lists 👇🏽
1
4
130