Naysayer - according to M. Pennycook
Joined February 2020
- Tweets 30,587
- Following 1,290
- Followers 1,352
- Likes 13,359
573 Photos and videos
MrCladding retweeted
Sounds like my life too... #leasehold has fucked up millions of lives year on year! š”
Putting on "the face" as I call it, has become a daily routine; everyone thinks you're fine and dandy but underneath you're dying inside little by little, every single day!! š„
Ten minutes to get out, drive to meet the family and pretend everything is fine while I'm quietly falling apart.
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This is why heās been clinging on to power isnāt it? So I can impose digital ID on anyone over 16.
šØNEW: The under-16 social media ban will be enforced through facial recognition, digital IDs, credit cards, open banking, mobile provider checks, passports or email age estimation
[@Telegraph]
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MrCladding retweeted
44% of homes listed for sale in the past 3 years never found a buyer, according to Zoopla.
For BTL landlords, that's before you factor in S21 being gone ā regaining possession to sell now takes 4 months if your tenant cooperates, 6ā9 months if it goes to court.
Fail to sell after gaining possession?
You can't re-let for 12 months.
#UKProperty #HousingMarket #btl
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MrCladding retweeted
"The government shouldnāt really need a 73-page report in the current environment to realise that (...) even the sectorās much-coveted shared ownership model is ānot a long-term affordable option for many of the buyers to whom it is marketedā."
Jun 12
My look back at the week: Will the government wake up to the fact that āso-called affordable housingā is beyond many peopleās reach? insidehousing.co.uk/insight/ā¦
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MrCladding retweeted
āBuyers have woken up that leasehold is a toxic scam. These freeholders and managing agents have a direct line to your bank account.ā
Housing campaigner @HarryScoffin sounding the alarm on the flats market.
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MrCladding retweeted
A national paper is asking me for home sellers who'd would be willing to share their story of agents overvaluing their home, and how it's hit life plans.
I would urge you to come forward because unless you do, this will keep happening to others. DM me your story, contact info.
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MrCladding retweeted
Jun 9
Cheaper freehold purchase is in the 2024 Act, but Labour are dragging their feet and not commencing the policies! We need them to go further in the Commonhold and Leasehold Reform Bill with a restriction on development value and further liberalisation of the qualifying criteria.
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MrCladding retweeted
Jun 10
People in those flats are in desperate situation.
Real estate firms on verge of bankruptcy, developers paused building and canāt sell, lenders refuse o finance homes with more than 1% service charge.
And what does the government doing ?
Stalling in silence!
Shame!
Jun 10
Starmerās successor has a tiny window to impress the country.
They inherit a watered-down and discredited Leasehold and Commonhold Reform Bill.
Fix it, and @AndyBurnhamGM @wesstreeting get a popular, low-cost, anti-rentier, pro-growth agenda.
Bond markets will be fine too.
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MrCladding retweeted
Jun 10
Starmerās successor has a tiny window to impress the country.
They inherit a watered-down and discredited Leasehold and Commonhold Reform Bill.
Fix it, and @AndyBurnhamGM @wesstreeting get a popular, low-cost, anti-rentier, pro-growth agenda.
Bond markets will be fine too.
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MrCladding retweeted
Our service charge on a shared ownership flat went from Ā£1,600 pa to Ā£6,000 pa in just 5 years. It's like a second mortgage now. It also means the flat is unmortgageable.
Jun 10
Shared Ownership is marketed as affordable housing.
What's not mentioned in the marketing:
Rent on the unsold equity escalates every year (can easily double over 15 years).
Service charges compound hard ā up 55% nationally, 64% in London in a decade.
Youāre still liable for 100% of repairs on a home you only part-own.
Thread coming...
#housingcrisis #ukproperty #affordablehousing
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MrCladding retweeted
Leasehold is looting people and blocking growth.
@AndyBurnhamGM @wesstreeting, take on middlemen and extortionists.
Reverse @Keir_Starmerās betrayal of leaseholders.
Overhaul his weak, lobbyist-friendly Bill.
Honour the manifesto. End leasehold for good. Weāll cheer you on.
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MrCladding retweeted
Jun 9
Harry on fire as always !
Jun 8
Starmer betrayed his manifesto promise.
He may be on the way out, but he is still giving āpunishment beatingsā to leaseholders.
His Bill will trash the value of our homes and protect the service charge racket for Big Freehold and rent-seeking lawyers.
With Matthew Wright š
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MrCladding retweeted
The leasehold tsunami is about to hit.
And the government doesnāt care.
Starmerās successor needs to grip this.
.@Keir_Starmer tinkers with the scam he promised to end.
Leaseholders are trapped in negative equity, unable to remortgage or sell, hit with junk fees called āservice chargesā.
A financial and human scandal.
Next PM: lobbyists or leaseholders?
We spoke to Matthew Wright š
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MrCladding retweeted
Yup.
Jun 9
Stamp duty 'damages the economy' and should be scrapped, MPs recommend trib.al/syKpeHz
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MrCladding retweeted
Jun 9
Not easy pushing a pro-people, anti-rentier agenda.
Especially in a generally closed media environment where powerful interests donāt like it.
Leasehold is not the well-trodden ground of immigration, welfare or anti-woke politics.
But we are doing it.
freeleaseholders.org.uk/join
.@Keir_Starmer tinkers with the scam he promised to end.
Leaseholders are trapped in negative equity, unable to remortgage or sell, hit with junk fees called āservice chargesā.
A financial and human scandal.
Next PM: lobbyists or leaseholders?
We spoke to Matthew Wright š
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MrCladding retweeted
Jun 8
Starmer and his ilk LOVE incrementalism.
They talk big while hoping voters donāt notice the policies are pathetically small.
On ending leasehold, a manifesto promise, vested interests and weird legalism were put ahead of democracy.
An obvious target for Burnham and Streeting.
.@Keir_Starmer tinkers with the scam he promised to end.
Leaseholders are trapped in negative equity, unable to remortgage or sell, hit with junk fees called āservice chargesā.
A financial and human scandal.
Next PM: lobbyists or leaseholders?
We spoke to Matthew Wright š
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Jun 8
āElite Establishment Cover-Up!ā | Starmer FORCED Into Ground Rent Climbd... youtu.be/TrxAInzB3j0?si=ktWeā¦
Thank you @HarryScoffin
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MrCladding retweeted
Jun 8
Service charges are ruining lives and fuelling the housing crisis.
Starmerās answer?
Scrap the promised Law Commission reforms that would put homeowners in control of service charges, while protecting money-for-nothing ground rents until 2068.
Painful. thetimes.com/uk/politics/artā¦
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MrCladding retweeted
We're mid-rise, and already above 2%. As values continue to tank, I reckon we'll reach 3% soon.
Could mortgage peeps write to big wigs at @mhclg? They don't seem to get it.
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Jun 7
So far *
MASTERS OF THE UNIVERSE is now tracking to be the biggest bomb of the summer, causing Amazon MGM to lose over $100 million.
It opened to $54M globally ($29M domestic) on a $170Mā$200M budget.
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