According to a lessee in the 122 -story block, which we are not naming at the request, the properties are subject to “onerous” land rental clauses that are excused every five years by the retail price index (RPI).
Supposedly, this has left some housing owners that they cannot sell, with the land rental clause violating the loan terms of some banks for possible buyers.
Nationwide decreases mortgages in which the period of revision of land rental is less than or equal to five years, and Barclays generally stipulates that the land rental should not exceed 0.1 percent of the value of the property.
For a property in the Ilford block, the land rental has increased from £ 400 in 2018, to £ 519.64 in 2023.
The Land Registry lists Emerald Ground Rent Tietee 1 and Emerald Ground Rent Trustee 2 as the owners of the block.
Gary Dalton, 48, rents her property in the block, but hoped to sell it to buy a larger house for her family, which are interesting outside London.
He wrote to Mr. Athwal at the end of March on behalf of the desperate tenants, pleading with the Ilford South MP to help vary the terms of the land rental clauses in their leases.
Athwal, owner of 15 rental houses in London, was forced to apologize last year after a BBC investigation found a black mold in some of its properties.
Dalton has affirmed that the lease terms had left some tenants struggling to sell their floors. Those who had sold had done it with a loss, he added.
“We are all in a little limbo, we can move on with our lives,” said Dalton.
“We are at our white end. The only way to solve this is to eliminate this onerous clause in our lease, which is affecting our ability to sell property.”
Mr. Dalton added that the parliamentarians had a successful intervention in the past to force the owners to change the terms of the leases of the constituents with “onerous” terrestrial rents.
In 2019, the conservative deputy Stephen McPpartland caught the attention to land rentals that affected 150 companions of origin in Stevenage, and Adriatic Lane then altered their leases.
The owners already prevent by demanding that a tenant pay a land rental under most residential long leases that began after June 2022, but these rules are not covered by the previous leases.
Leasehanders had also asked Ahwal to write to the Minister of Housing Matthew Pennycook MP to request the publication of the results of a consultation on the reform of the income on the ground.
They also said they wanted “clarity” about when the government would present its commitment to manifest to “address the non -regulated and uninquerable land rental.”
After the Recorder He contacted Mr. Athwal’s office, confirmed that the parliamentarian had responded to the tenants, but declined to comment.
But after having seen the response of the MP, we can inform that Athwal told the leases that he had written to Pennycook supporting his calls to “immediate action to end the land rents, reform the leases and provide justice to those who have a bone leg.
Harry Scoffin, the founder of the Free Lease Group of the campaign group, said: “Earth’s rental grazing is destroying lives in Ilford and throughout the country.
“When intervening directly on behalf of his Constituents of a landlord to end a land rental scandal, Athwal is demonstrating that he is sincere in his commitment to defend the rights of the tenants.”
A spokesman for the Ministry of Housing, Communities and the local government said: “Too many owners of tenants throughout the country must pay unreasonable and exorbitant charges.
“We are still firmly committed to addressing the income of interest of non -regulated and unavailable land, and we will deliver this in the legislation with more details established in due time.”
The Emerald land rental has been addressed for a response through Living City, which collects land rental payments on the owner’s being.