@HenryPryor £4k is nothing. Development I used to own flat in has a…wait for it…£16k annual service charge! It’s a real undervalued national scandal currently unfolding, massively impacting leaseholders, saleability and value. No sign of a solution either.

@HenryPryor The problem is like everything in England; red tape and bureaucracy is holding everything up!! From stopping the boats, improving and building our infrastructure to leaseholds. Nothing gets done!!

@HenryPryor Got clients at the moment that are selling a flat, solicitors got an invoice from managing agent of £500 to respond to their enquiries within 5 working days of sols request, it was paid and they have not responded to the actual enquiries for 8 weeks now despite chasers.

@HenryPryor Simply sickening H ‼️

@HenryPryor @Conservatives @UKLabour @luhc @TheFCA It just seems to get worse everyday. It is going to be a national crisis very soon when every flat is repossessed when Leaseholders can no longer afford services charges.

@HenryPryor The rapid financialisation of our economy is in full swing I see. Very sad what’s becoming of modern Britain.

@HenryPryor I suspect that around of that can be put down to inflation alone. So really his charges need only double (one still wonders why) and inflation can do the rest.

@HenryPryor I really hope @UKLabour and @RachelReevesMP have this on their radar. People are being exploited to a criminal extent. I'd like to see ground rent linked to CPI and backtracked to 2010. Refunds, or no further ground rent paid until the entire deficit is cleared.

@HenryPryor Leaseholds feel like an extra tax on the poor because leaseholds are often on the more smaller more 'affordable' properties like flats where people can't afford to buy a freehold house. I know there are freehold flats out there but I'm pretty sure leasehold is the vast majority.

@HenryPryor That’s the downside of leasehold apartments… the service charge which can easily top £6000 per annum with no tax relief.

@HenryPryor All this noise about providing buyers with up front info, which is still going to need a Solicitor to deal with, & the main problems with Conveyancing are still being ignored

@HenryPryor The road I live on is private - the service charge keeps spiralling up and up - needs to be some kind of control on the % increase as at present, they can do a 50% increase with no issues

@HenryPryor Next reading 5-June. Bill risks to be so watered down it'll be close to useless. Again.

@HenryPryor "you'll own nothing and be happy" This needs to be looked at really closely, just not sure there is any will to do so. Gove seems distracted.

@HenryPryor Leasehold is a scam.