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Petition to abolish leaseholds.

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There is a petition ( Abolish Leaseholds ) which needs more signatures to reach 100,000  before it can be discussed in Parliament.

 

https://petition.parliament.uk/petitions/238071

 

Every leaseholder  of a property in Sheffield and  Yorkshire  ,    Lancashire   and  elsewhere in E&W   should be supporting this petition  and have  the proposal  discussed in Parliament .

 

This is not the "wars of the roses" for control of the throne  of England. 

 

"The Wars of the Roses were a series of English civil wars for control of the throne of England fought between supporters of two rival branches of the royal House of Plantagenet: the House of Lancaster, associated with a red rose, and the House of York, whose symbol was a white rose."

 

This  petition is even more important than the throne of England. 

 

Its about who owns control of your house ?    You ,  who paid for it by a  35 years mortgage  ?   or the freeholder  company ?

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The population of the City of Sheffield is 577,800 (mid-2017 est.) and it is one of the eight largest regional English cities that make up the Core Cities Group. Sheffield is the third-largest English district by population.

 

The metropolitan population of Sheffield is 1,569,000. ( yes   over  1.5 million  resident  in South Yorkshire ) 

 

So  Sheffield has enough population to sign this  petititon  and  get  Sheffield  into the Guinness Records ?

 

So ask your friends and relatives,  aunties, uncles , cousins  and in-laws,  work mates , pub mates , old school mates ,  church mates, gym mates  to sign  the petition.

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1 hour ago, francypants said:

Signed.      :thumbsup:

Fantastic , francypants ,

 

You are certainly No. 1 in Sheffield  and South Yorkshire.

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Hi  Francypants ,

 

Any ideas on how to  contact  other leaseholders  to sign the petition ? 

 

I am sure you have some good ideas judging by 30,000  posts which you have made  since  2012.

 

Can you write  a letter about the petition , to the Editor of your local paper ?

 

 

Edited by topflat29

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Have signed. We don't have leasehold now on our current home because we actually bought the leasehold. I don't agree with them. It had all kinds of conditions on what we could or could not do. 

Our old terrace home used to be leasehold too but it was a nominal amount per year and was paid to the Grand Order of Druids.

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Thank  you,   Caz1 ,

 

Every leaseholder and residential house owner  in E & W  should sign the petition in order to  nudge those MPs  in Parliament  to  abolish  the  leasehold  system .   

 

Other countries in Europe  use  Commonhold many years ago and  even  Ireland and Scotland stopped using leasehold. 

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Just playing devils advocate.

 

Why should they be abolished?

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4 hours ago, Climbing said:

Just playing devils advocate.

 

Why should they be abolished?

The so-called petition is pointless. Leasehold is essential to enable covenant enforceability.

What needs much more enforcement is the conduct of certain freehold reversioners.

There is no cost-effective way for a leaseholder to control misconduct.

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To the candles makers and tallow merchants , the renderer of carcasses and glue makers, the laundries and solicitors etc. I will readily sign a statement that on penalty of death that I will not engage in any of these activities.

I won't sign the  petition because it is so unfair on solicitors.

Until the proposers can show me that no harm will come to solicitors both financially and from under-work, I will withhold my signiture.

They could also get a team down from Scotland to show how Welsh and English solicitors could survive without leasehold work.

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If you buy  house  under "freehold title", you become the legal owner  of the property after  the  sale completion.

 

If you buy a  flat  under "leasehold title", you become the  owner of a long term rental agreement  because the property is still  legally  owned by the freeholder.

 

If you buy a flat under  "commonhold title" , you become the legal owner of the property after the  sale completion. (   commonhold  is  similar  to freehold )

 

So if the leasehold  is abolished  and replaced by commonhold  ,  the leaseholder  will become the real owner instead of  being  treated  as   the tenant  .

 

This petition  is about  changing  the  tenure  system  to  give   the buyer  " legal  ownership of  a  flat "  which   at present  under leasehold  system  ,  the buyer  is  only  the tenant.

 

 

The solicitor  provides  conveyancing  services  for property transfers    and their  services   will  be  required   even  if   property   changes  from leasehold  to  commonhold title . 

 

The solicitor is NOT  the  freeholder and NOT  the  leaseholder.    The conveyancer's role is  to   act  for the buyer or seller ,  and    is  NOT  affected   by the petition.

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