Leaseholder Losses
Podcast |
File on 4
Publisher |
BBC
Media Type |
audio
Podknife tags |
Great Britain
News & Politics
Categories Via RSS
Publication Date |
Jun 01, 2021
Episode Duration |
00:36:39
The government recently introduced new laws to protect leaseholders from large ground rent increases. But campaigners say more widespread changes are needed to properly protect the millions of leaseholders in England and Wales. The cladding scandal has highlighted just how few rights leaseholders have when it comes to what happens to the buildings they live in. Felicity Hannah discovers there are many other issues they face. A change in planning law means freeholders can now build extra apartments on top of blocks of flats without having to get planning permission. While such developments could bring in millions of pounds for landlords, the leaseholders can't object and in some cases could see the value of their homes plummet. Felicity speaks to residents who say one such development has turned their lives into a nightmare Other leaseholders have been left reeling after their council landlord landed them with estimated bills of over £100,000 for improvements to their homes. Under the rules, the homeowners can't challenge the costs and some fear they could have to sell up. Many people are now asking: is the current leasehold system fit for purpose? Reporter: Felicity Hannah Producer: Paul Grant Editor: Gail Champion

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