Tory MPs threaten to rebel against government over leasehold reform

United Kingdom News News

Tory MPs threaten to rebel against government over leasehold reform
United Kingdom Latest News,United Kingdom Headlines
  • 📰 SkyNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

Backbenchers are unhappy with the government, and want to see ground rents on leasehold properties scrapped.

Tory MPs are threatening to rebel over the government's new housing proposals. In a letter to Chancellor Jeremy Hunt, more than 30 Tory MPs have stated their dissatisfaction with the current leasehold system and implores the government to scrap ground rent on leasehold properties. Currently, there is no cap on the amount freeholders can charge existing leaseholders for 'ground rent'. That's the money to literally have property on the ground that their freeholders own.

But now, unable to sell the property, she says she feels trapped in a property nightmare. Since buying, her service charge has gone up threefold. It is now just over £6,000 a year for a two-bed flat. There is then ground rent, insurance and other charges like security - and on top of all that if she makes a claim for repairs there is a £500 excess. David lives in the same block of flats as Claire and is struggling to cope.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNews /  🏆 35. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Latest UK politics as Sunak faces revolt from Tory MPs over plans to criminalise rough sleepingLatest UK politics as Sunak faces revolt from Tory MPs over plans to criminalise rough sleepingThe proposals, which will be voted by MPs before the election, involve giving the police powers to move 'nuisance' rough sleepers on fine them up to £2,500 or jail them.
Read more »

‘You become a non-person’: Tory MPs face up to ‘miserable’ prospect of Opposition‘You become a non-person’: Tory MPs face up to ‘miserable’ prospect of OppositionLosing your ministerial office, a pay cut having to deal with constituency hedge complaints - the transition from power can be difficult
Read more »

Tory MPs set for rebellion over UK plans to criminalise homelessnessTHE UK Government’s plans to criminalise homelessness are facing a rebellion from Tory MPs, reports suggest.
Read more »

Tory MPs who pushed back on renters’ rights receive £450k linked to landlordsTory MPs who pushed back on renters’ rights receive £450k linked to landlords18 rebel Tory MPs who lobbied for changes to the Renters Reform Bill through proposed amendments have received a collective £446,861 in donations, earnings and hospitality linked to landlords. A further 18 are landlords themselves
Read more »

Scrap ‘immoral’ ground rents and save trapped leaseholders, Tory MPs urge SunakScrap ‘immoral’ ground rents and save trapped leaseholders, Tory MPs urge SunakLeaseholders say they are ‘cash cows’ as Tory MPs urge Government to honour leasehold manifesto pledge
Read more »

Rishi Sunak’s reset week is a media disasterRishi Sunak’s reset week is a media disasterThe bad news keeps coming, and now even Tory MPs don't believe the Government
Read more »



Render Time: 2025-02-21 10:18:15