Wednesday, May 22, 2024
Renters and Leasehold Reform Bills Could Fall as UK July General Electio...
Monday, May 20, 2024
Leasehold SCAM: The Biggest Property Scandal in UK History?
Leasehold Scandal: The Biggest Property Scam in UK
History?
Why leaseholds are ripping you off! Join me online on my
free live money management training Wednesday at 7.00PM. Places are limited, so
register
now Click: https://bit.ly/3QPp8IH
The UK leasehold system has long been a contentious issue,
and many argue it’s one of the biggest scams in history. The current system,
which dates back to feudal times, sees homeowners purchasing property but not
the land it stands on. Instead, they lease the land from a freeholder, often
for 99 years or more. This feudal relic is under scrutiny as the Leasehold
Reform (Ground Rent) Bill moves through Parliament, aiming to address some of
the system's inherent unfairness.
Leasehold ownership can feel like a trap for many. Despite
buying their homes, leaseholders must pay ground rent to freeholders, which can
increase significantly over time. Additionally, they often face hefty fees for
minor alterations, high service charges, and exorbitant costs to extend their
lease. Failure to comply with these terms can lead to severe penalties,
including forfeiture of the property. This situation creates a financial burden
and an ongoing dependency on freeholders, making it hard for homeowners to feel
truly secure in their properties.
The Leasehold Reform Bill seeks to abolish ground rents for
new residential leases, which is a step in the right direction. However, it
does little to alleviate the burdens on existing leaseholders. The bill also
does not address other controversial issues like high service charges or the
complex and costly process of enfranchisement, where leaseholders attempt to
buy the freehold of their property.
Critics argue that the current system is outdated and
exploitative, designed to benefit freeholders at the expense of leaseholders.
The feudal origins of leaseholds, meant to maintain control and extract wealth
from tenants, seem archaic in the 21st century. With more than four million
leasehold properties in the UK, the impact is widespread, affecting millions of
homeowners.
Reform is crucial, not just to modernize property ownership
but to ensure fairness and security for homeowners. The Leasehold Reform Bill
is a start, but comprehensive change is needed. Abolishing leaseholds entirely
or drastically reducing the power imbalance between freeholders and
leaseholders would be a significant step toward justice for UK homeowners.
As the debate continues in Parliament, the hope is for a
future where owning a home means true ownership without the strings of an
outdated feudal system. Unfortunately, it looks like the legislation will be
watered down and leaseholds will continue to plague flat owners in the UK. Will
a future Labour government change this like they tried, and failed, before?
References:
- "Leasehold Reform (Ground Rent) Bill" – UK
Parliament: [Link](https://services.parliament.uk/bills/2021-22/leaseholdreformgroundrent.html)
- The Guardian on Leasehold Abuses: [Link](https://www.theguardian.com/money/leasehold-scandal)
- BBC News on Leasehold Reforms: [Link](https://www.bbc.com/news/business-leasehold-reform)
Ever wonder why you never seem to have enough money?
We are living in challenging economic times.
I want to show you how can you:
·
Not only survive, but thrive in a recession or
depression?
·
Get control of your finances and spending?
·
Save and invest for your future?
·
Learn about money and finance?
To help you, I am running a free
training webinar.
3 Steps To Success Money Management!
I want to take you to the next level, help you get control
of your money, learn how to invest and become financially free.
Join me online on my free live money management training
Wednesday at 7.00PM.
Places are limited, so register
now below to avoid disappointment.
#finance
#moneytraining #moneymanagement #wealth #money #marketing #sales #debt
#leverage #property #investment #LeaseholdReform #PropertyScam #Homeownership
#UKHousingCrisis #FreeholderAbuse #LeaseholdScandal
Friday, May 10, 2024
You Get What You Tolerate Not What You Deserve!
You Get What You Tolerate Not What You Deserve!
We are told that we get what we deserve, but is that
true?
We get what we tolerate, accept and put up
with.
People will put up with the most terrible situations in
their lives including abusive relationships, bad jobs and low wages for years.
Have you noticed that there are people who seem to get
treated better than others?
Have you heard the expression he or she is “nobody‘s fool”?
He or she just seems to demand respect and they get it!
That doesn’t mean they are rude or arrogant.
Then there are those unfortunate people who just soak it
up!
They are the person that gets all the crap jobs, the
family member that’s bossed around and bullied!
And it goes through their whole life and never seems to
change, unless they do. I’ve seen two elderly sisters where one of them is
dominating the other to the extent that it’s almost an abusive relationship.
What unwanted things have you been tolerating in your
life for years?
·
Relationships
·
Abusive boss
·
Abusive family member
·
Career or job you hate
·
Money problems and lack
·
Bad neighbourhood
·
Bad neighbours!
·
Economy flights! Ha ha!
Make your own list…
You don’t have to put up with it for the rest of the
life, and don’t have to be a martyr!
Holding in that anger has been scientifically proven to
cause physical health problems.
You’re not going to get that promotion if you allow
yourself to be the butt of everyone’s jokes.
There’s no point in running away or changing jobs,
because there is always an asshole or bully in every company!
Think of the bully as a teacher who has been sent to give
you a lesson.
What are you going to do about it?
Here are some suggestions:
·
Decide!
·
Refuse to tolerate less than you deserve.
·
Start slowly, pushing back.
·
Be assertive and not aggressive.
·
Take an assertiveness course if need be.
·
Work on yourself and upgrade your skills.
·
Write out your goals and expectations in your
career, health, wealth and life.
·
Start making plans to achieve your goals.
·
Just get started! Do it!
·
Start managing your money, time, health, energy,
sleep, diet and life.
Make a decision today to expect the best in your life and
rid yourself of all unwanted people and things that are not to your liking.
I regularly book business class flights or upgrade to
business.
Why?
More comfort
Better sleep and
I feel better in myself
Less recovery time wasted
I enjoy rather than endure the flight.
I decided many years ago to work for myself rather than
work for somebody else.
I made that lifechanging decision to work on myself more
than I was working on my job, so I started a journey of self-improvement and
mentoring to improve my wealth and health.
Do you ever wonder why you never seem to have enough
money?
We are living in challenging economic times.
I want to show you how can you:
·
Not only survive, but thrive in a recession or
depression?
·
Get control of your finances and spending?
·
Save and invest for your future?
·
Learn about money and finance?
To help you, I am running a free
training webinar.
3 Steps To Success Money Management!
I want to take you to the next level, help you get control
of your money, learn how to invest and become financially free.
Join me online on my free live money management training
Wednesday at 7.00PM.
Places are limited, so register
now below to avoid disappointment.
#finance
#moneytraining #moneymanagement #wealth #money #marketing #property #investment
#assertive #businessclassflight #freemoneytraining #moneytips #relationships
#health
Friday, May 3, 2024
Unveiling the Truth: The Banks Own The World – Money Tips 365 Day 49
Unveiling the Truth: The Banks Own The World – Money Tips
365 Day 49
Are you ready to dive into a thought-provoking discussion?
In today's episode of the Charles Kelly Money Tips Podcast, we're delving deep
into a topic that affects us all: "The Banks Own The World." Strap in
as we uncover the layers behind this statement and explore its implications on
our financial landscape.
In an era where financial institutions wield immense power,
understanding the dynamics at play is crucial. From mortgages to investments,
the influence of banks permeates every aspect of our economic lives. But what
does it truly mean for the banks to "own" the world?
First and foremost, it's essential to recognize the sheer
scale of the banking industry's reach. With assets totalling in the trillions,
major banks possess unparalleled control over global capital flows. Through
intricate financial mechanisms, they shape economies, dictate interest rates,
and influence government policies.
Moreover, the notion of ownership extends beyond mere
monetary control. Banks hold sway over individuals and businesses alike,
determining access to credit, loans, and financial services. This concentration
of power raises pertinent questions about economic equality and the
distribution of wealth.
But amidst this apparent dominance, there's room for
empowerment. By gaining insights into how the banking system operates,
individuals can navigate financial landscapes more effectively. From optimizing
savings to making informed investment decisions, knowledge becomes a potent
tool for reclaiming financial autonomy.
In the midst of recognizing the extensive influence of
banks, it's crucial to explore alternative avenues for raising capital and
conducting business without solely relying on traditional banking institutions.
One effective strategy is to leverage the power of crowdfunding platforms.
Whether through rewards-based crowdfunding on platforms like Kickstarter or
equity crowdfunding on sites such as SeedInvest, entrepreneurs can access
capital directly from a broad base of supporters, bypassing the need for traditional
bank loans. Additionally, exploring peer-to-peer lending networks provides
another avenue for securing financing.
Platforms like LendingClub and Prosper facilitate direct
lending between individuals, offering competitive interest rates and flexible
terms. Furthermore, fostering strategic partnerships and seeking venture
capital investment can fuel business growth without resorting to bank loans. By
diversifying funding sources and tapping into innovative financing models,
entrepreneurs can chart a path towards success while reducing dependency on
traditional banking institutions.
As we explore these themes, remember to join the
conversation using the hashtags #BankingInsights #FinancialEmpowerment. Your
perspectives enrich our dialogue and foster a community dedicated to mastering
the intricacies of modern finance.
Tune in to the Charles Kelly Money Tips Podcast on Spotify, iTunes
and YouTube and unravel the mysteries behind the assertion that "The Banks
Own The World." Together, let's embark on a journey towards financial
enlightenment and empowerment. Because when we understand the system, we hold
the keys to our financial destiny.
Ever wonder why you never seem to have enough money?
We are living in challenging economic times.
I want to show you how can you:
·
Not only survive, but thrive in a recession or
depression?
·
Get control of your finances and spending?
·
Save and invest for your future?
·
Learn about money and finance?
To help you, I am running a free
training webinar.
3 Steps To Success Money Management!
I want to take you to the next level, help you get control
of your money, learn how to invest and become financially free.
Join me online on my free live money management training
Wednesday at 7.00PM.
Places are limited, so register
now below to avoid disappointment.
#finance
#moneytraining #moneymanagement #wealth #money #marketing #sales #debt
#leverage #property #investment