One of the worst financial injustices suffered by folk in Britain is the cost of leasehold. Our Prime Minister says he is going to do something about this but what and when are still unclear.

We wonder why young people aren’t keen to put money away for the future, my young friends tell me it’s the cost of renting and buying their own homes that makes saving very hard indeed.

So as someone who wants everyone to be confident about their wage in retirement, I ask this Government and this Prime Minister to actually achieve what other Governments have promised but failed to deliver.

There is another thing that leaseholders suffer and that is “ground rent” and whether you’re a renter or own a leasehold , you end up paying that charge over to a faceless freeholder.

It would be a better post by Andy Burnham if he at least agreed the £250 cap on freeholders. We have been here before, this article comes from 2024 and reminds us that the conservatives lost the reforms in the wash up. We are still waiting for the reforms that they promised.

Funny how Labour continues George Osborne’s crackdown on mom-and-pop landlords, but won’t tackle the real fat cats.

Freeholders impose service charges at organised crime levels, hurting renters and leaseholders and helping collapse the flats market.

— Harry Scoffin (@HarryScoffin) November 2, 2026

Who’s doing well out of all this? The freeholders of flats are doing very well with ground rents being ratcheted and charges controlled by freeholders providing backhanders from the service charges and commissions on the insurances.

It is unfair to leaseholders and renters of leasehold properties. If Rayner and Burnham are changing the unfair system, then we need the bill to include all the unfair stuff and that means including the cap on the freehold (it should be abolished as it has been in Scotland).

Rents keep going up as leasehold flats fall in value. You can live in them but you pay your finance cost and costs on top that makes renting the cheaper option.

Cheaper but not food value, the problems stem from there being not enough proper housing for families to live in.

We need houses that young people can work for and the leasehold problem is a symptom of a wider problem that needs addressing. We cannot find places for our young to live at an affordable price. We must bring down the cost of houses and that means accepting flats and houses which we can afford to buy and rent. That’s a hard lesson for us homeowners.