The Member of Parliament for Barking, Nesil Caliskan, is celebrating a government announcement on ending leasehold and cap on ground rents: “Since I became the MP for Barking, I have been fighting against dodgy developers and housing management companies who have been ripping people off,” she said. “It is clear the system is broken.”
The government has announced a total ban on new leaseholds, with current leaseholders given the choice to switch to commonhold as part of the new Leasehold and Commonhold Reform Bill. There will also be a cap on ground rents of £250, drastically reducing the cost of homeownership for people across the country.
Nesil Caliskan has called out developers, freeholders and housing managing companies across Barking for their exploitative practices and unaffordable service charges. Last year, for example, she slammed HomeGround, a freeholder in Barking Riverside linked to many allegations of poor transparency and exploitative fees: “They have made the dream of homeownership a living nightmare for so many families in Barking & Dagenham.”
Commenting on the wider reforms, Nesil Caliskan MP said: “Freeholders and management companies have exploited the basic need of people to have a roof over their head for too long, charging sky-high fees for poor service.
“I have seen families living with no heating or hot water and elderly people forced to climb flights of stairs because the management company failed to do basic lift repairs.
“I’m glad that now people in Barking & Dagenham will be able to have a say over their own futures, and we are seeing the back of this feudal system.”
