Leasehold Reforms Must Apply To Shared Ownership. We want Commonhold.

Closed 1,113 signatures

What the petition asks

We are treated as an ordinary 100% leaseholder when it comes to shouldering the burden of 100% maintainance fees, service charges, lease extension premiums without the financial stake or legal backing. Shared Ownership is sold as Affordable Housing but it is not and desperately needs legal reform

*Unregulated Service charges
*Unaffordable Admin fees,Valuers fees for Lease Extensions, Selling & Staircasing
*Unfairly priced Leasehold extensions where H/As are allowed to charge 100% extension premium regardless of % owned
*Staircasing and Selling is costly, complicated and difficult. Staircasing is not encouraged.
*Landlords should contribute toward Essential Maintainance since they own a financial stake
*Rent is dead money & unfairly reviewed yearly at RPI (not a true form of inflation)

Timeline

4 Jun 2019	Petition opened for signatures
6 Nov 2019	Closed to new signatures

Key facts

Signatures 1,113

Status Closed

Opened 4 Jun 2019

Closed 6 Nov 2019

Follow this petition