Kate has once again backed local home-owners, calling for the Government to launch an inquiry into the scandal of missold leasehold homes.
An estimated 63 per cent of local homes in the North West have been sold as leasehold.
This arrangement, which is most common for flats, means homes are bought but leased rather than entirely owned, with leaseholders often paying a ‘ground rent’ as well as service charges to the property freeholder, or to a managing agent acting on their behalf.
Homeowners who purchased the leasehold of their property are often locked into contracts which force them to seek permission to make basic alterations or to build extensions such as conservatories, despite no planning permission being required.
Some leaseholders find they’re obliged to pay extortionate ground rents, while others are locked into rip-off service charges.
Kate’s latest move to back home-owners follows her recent demand for a debate in parliament on better protections for homebuyers.
Since earlier this year, Kate has regularly stood up in parliament on behalf of residents in Woodsend, Davyhulme, who have suffered shoddy and unsafe building work from housebuilder, Persimmon, in their new homes.
Recently, the Chief Executive of Persimmon, Jeff Fairburn, was given the sack because of the controversy surrounding his taxpayer-fuelled £75m bonus.
Kate said: “It’s utterly outrageous that local families who’ve worked hard and saved up to buy their first homes are being ripped off and let down by the big housebuilding companies.
“That’s why, together with MPs up and down the country, I’m working to press the government to pass laws which make it easier for people buying a new home.
“The boss of Persimmon has already been pushed out of his job because of the pressure we’ve put on the company and I won’t give up fighting about this until government puts in place proper protections and regulation for home-owners.
“I’d urge anyone locally who thinks they’ve had problems with leasehold mis-selling to get in touch with me on email@example.com and I’ll do all I can to fight on your behalf.”
In the House of Commons Labour’s Shadow Housing Secretary, John Healey MP, has challenged Government Ministers to set up an inquiry into the mis-selling of leasehold homes.
John said: “Leaseholders find they’ve bought their home but still don’t own it, and many feel ripped off by unfair leasehold contracts.
“This is a national scandal but the Government’s action to date has been too weak, too slow and has overlooked the plight of existing leaseholders. Ministers must act to back an inquiry into this systematic leasehold misselling, as with other misselling scandals like pensions, endowment mortgages and PPI.”