TPI Service charge index - I took a read of this and was really none the wiser! What is the point in comparing data the regions and the capital and then averaging them? All it gives you is statistical data and not really an insight. Further expenditure across 105 estates have been avaeraged to say; the average man fee in 2024 is £35,020, but what size is the block? What we could have heard is; this is the cost in X location for; large complex, medium high end, small and none complex. The data just makes the position more confusing and suggests to leaseholders that costs are rising well above inflation, but really due to insurance and utilities which have been driven by wholesale prices. I am hugely supportive of ARMA/TPI but this looks like an own goal ! #TPI
Tony Hymers’ Post
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I’m a big supporter of Sadiq, but this is just an election grabbing headline. Two things; leaseholders already have the right to dispute and withhold charges and secondly the reference to charges increasing by over 40%; over which period ? With no reference to utility costs, hardening of insurance market and labour costs pushing up service charges as the main drivers. The article almost reads as if the landlords are profiteering. Very poor journalism; https://lnkd.in/exjqr-UW
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If our pensions are invested in ground rents, will making them a peppercorn remove an asset class and extend the retirement age? #leaseholdreform #tpi
Freeholders living off ‘rentier structure’ with ‘exorbitant’ ground rent, MPs say
theguardian.com
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Is this one of the positives of the Pandemic? Does it actually work and will this negatively impact on trainees to the property world?
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Leasehold and Freehold reform bill. Is regulation of agents finally on its way in. Interesting Labour are advocating Comminhold as the default tenure, different system but probably similar rules
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Bibby Stockholm. I would welcome Robert Jenrick to spend a night there with his family. Is this really the actions of a modern, tolerant society!? https://lnkd.in/epKmqhB8
Bibby Stockholm: Barge 'is perfectly decent accommodation' for migrants, says Robert Jenrick
news.sky.com
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Your success, my mission | CIO | CTO | Mercedes-Benz, (ex) Siemens | The only newsletter you need for Tech/AI🔔drstorm.substack.com🔔 Follow for posts about business & Tech/AI
8 things to leave in 2022 - toxic relationships - self doubt - opinions of others - limiting beliefs - fear of failure - people pleasing - reason why you dont start - soul destroying job agree? list complete? or what would you add.
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