Kate has launched a survey for local leaseholders to influence government reforms.
Leasehold properties are homes which are bought on long leases, of often 125 or even 999 years, 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 from the freeholder to make basic alterations or to build extensions such as conservatories, even when no planning permission is required.
Kate has been contacted by residents who’ve had problems with their leasehold houses including extortionate ground rents and rip-off service charges.
Around 45 per cent of homes in the MP’s Stretford and Urmston constituency were sold as leasehold last year, making it one of top areas in the country for leasehold properties.
In the Queen’s Speech in December, the government promised to make the leasehold system fairer.
Kate is now calling on residents in leasehold properties to share their experiences and will use them to press the government for reform.
She has spoken up frequently in parliament on behalf of homeowners and campaigned for better protections and transparency for residents during the home buying process.
Kate said, “People round here work hard and save to achieve their dream of owning their own home. It’s utterly outrageous that these people are then being ripped off by unscrupulous freeholders and developers.
“I want to see action from the government now to help leaseholders. I’d like to hear from as many local people as possible who own a leasehold property and learn about any difficulties they’ve experienced.
“I’ll be sure to use the information I get to press the government for much needed leasehold reform.”
You can access Kate’s survey here.