Don't Trust Keepmoat!

Don't Trust Keepmoat!

Submitted by itoomey on Sun, 27/08/2017 - 12:08
leaseholdscandal

We have just learned from member Karen Peel that Keepmoat the builders for the proposed development are part of what is known as the National Leasehold Scheme.  Essentially, this means that lease out properties (rather than sell) to young couples/families under the guise of "affordable housing" or "Help to Buy". However, the company increases rent for such properties year on year to the point that people renting the property can no longer afford to pay it and have to move out.  Such schemes are quite common place.  Attached is an article which appeared in the Liverpool Echo about such a scheme and what happened to the tenants. The question remains, however, how much are Wakefield Council aware of Keepmoat's involvement and are they willing to let such a company go ahead with the development? 

http://www.liverpoolecho.co.uk/news/liverpool-news/revealed-mersey-families-homes-sold-13168164?fref=gc