@c4news: New leasehold flats in England and Wales are set to be banned as the UK government plans to move to a system of home ownership, where people own a share of the buildings they live in. Currently, a third-party landlord known as a 'freeholder' owns the building and a 'leaseholder' pays to live in a flat within it for a fixed time period. #renting #rentingcrisis #leasehold #uknews #c4news #channel4news

Channel 4 News
Channel 4 News
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Region: GB
Monday 03 March 2025 12:43:54 GMT
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trebuh__
Trebuh :
There's a reason no other country uses this ridiculous leasehold system.
2025-03-03 12:53:22
7593
reminder_inspirer
🍨 bowl :
shared ownership is a scam
2025-03-03 13:06:33
2607
dyl.witho
Dylan 🇵🇸 :
Hear me out, no more landlords next 👀
2025-03-03 13:31:26
3171
blossomb41
Moon :
The Labour government is always delivering 🥰
2025-03-03 13:06:14
2306
nick40569
Nick :
It’s a joke how you can pay a mortgage on an apartment and then have to basically pay rent for your apartment to be in a building…as if you can just pick it up and move it.
2025-03-03 13:57:52
2617
transparentlemon
Lemon/Josh :
are labour still destroying the country, deform voters?
2025-03-03 13:35:27
452
rleat_fitness
Robert Leat :
Excellent news, such a horribly outdated practice. However you just know that building owners will find a way to get money from a different method
2025-03-03 15:04:27
511
ricosolanki
ricosolanki :
So they all freehold now?
2025-03-03 12:47:37
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