- every company on the planet from Microsoft downwards is trying to find ways of setting up reliable income streams (rather than just a one-off sales-price) - an 'annuity stream' of good quality is highly bankable, and raises the share price. House-builders are no different
- anyone signing up for a rising / indexed / variable ground-rent & lease-related charges has a lousy lawyer, and/or is bonkers or stupid (or ought to be discounting the house price heavily)
- but caveat emptor can't be the whole story in the real world: people are indeed badly advised / ignorant / bonkers / lazy / irrational etc and - sadly - need to be saved from themselves in some circumstances
- oh, and May has asked all departments for zero-cost initiatives to be seen to be doing something popular
So - does the C@W crew reckon dodgy leases on houses is one such case where the punter needs protection? Or is the government meddling where it's not needed, thanks - just Sajid Javid responding to May's call?
Answers on a postcard below ...