Published: 6th Sep 2017

When the government announced reforms to leaseholds, many community-led housing groups were dismayed, as Catherine Harrington, director of the national CLT network, explains The announcement on leasehold reforms in July came completely out of the blue. Met with hallelujahs by much of the public, this was definitely not the feeling of our members, who began contacting us in their droves within hours of the news. Many co-housing groups also use leasehold houses, and charge ground rents. The government wants to cap these at peppercorn rates to clamp down on bad practice. But in Colchester a group called Cannock Mill Cohousing is building 23 leasehold homes with modest ground rents that underpin their collective model for managing shared facilities. Why should the government stop them? We understand and support the government’s desire to tackle unfair and unreasonable abuses of leaseholds by developers and private investors. Unfortunately, these reforms would have a … (To read the full article, subscribe below)