Some of the UK’s largest developers, including Barratt, have begun offering peppercorn rents and 999-year-lease terms, In response to this, Wallace Partnership CEO, Mick Platt, highlights the dangers of this and the negative impact it can have on first-time...
A recent article in News on the Block called for a ban to leasehold. The system was described as ‘feudal’; not fit for purpose. In response, Mick Platt, CEO of the Wallace Partnership Group, has highlighted the benefits of a properly regulated leasehold...
The Law Commission’s latest proposals represent a significant push towards the adoption of a commonhold model. But the most intriguing development was not the contents of its report, but the letter that was sent to lenders after the main report was published. Read the...
“The government must listen to – and work with – the industry to end three years of financial stress for leaseholders and ensure the protection of thousands of residents across the country. The select committee has clearly understood the scale of the challenge...
The report, Rebalancing the relationship between freeholder and leaseholder, is informed by independent research conducted by Savanta examining how residents would feel about taking on the new building safety obligations proposed in the Government’s draft Building...
“As a contributor to the government-backed leasehold Pledge, we are aiming to create a fairer system for all current leaseholders and improve leasehold terms for new homeowners. The pledge ensures that new homeowners, when purchasing their homes from developers,...
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