Naysayer - according to M. Pennycook
Joined February 2020
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MrCladding retweeted
Thank you very much, Simon! On the point of why higher rates, it’s the concept of discount rates. So you’re valuing the present value of future cash flows. The higher the rate, the more you’re shrinking future money down to what it is worth today.
MrCladding retweeted
Leaseholders, last chance!
Government consultation on lease extension and freehold buy-out rates CLOSING 11:59PM TONIGHT.
Don’t let Rayner keep sleeping at the wheel while Pennycook and lobbyists swap notes to screw you.
Use our briefing to respond: freeleaseholders.org.uk/our-…
DO YOUR JOB, RAYNER
Lewis Goodall last month. Nick Ferrari this morning.
On Ferrari’s show, @AngelaRayner could have raised awareness of a consultation that could help end leasehold for good and stop millions of people being fleeced in their own homes, as Labour promised in its manifesto.
As on Goodall’s show, she didn’t. Why the hell not?
Has she even seen the consultation? What does she make of its impenetrable language and design?
Twice, Rayner has hidden behind @mtpennycook, claiming he’s busting a gut to free leaseholders.
So why has Pennycook changed his tune since opposition, as @thetimes reports today?
And why isn’t Rayner holding him to his word?
After all, as Secretary of State, she’s his boss. He’s the junior minister.
It stinks.
Leaseholders: don’t let Rayner sleep at the wheel while Pennycook and the freeholder lobby stitch up your future in the shadows.
Respond to the enfranchisement rates consultation before the 11:59pm deadline on Wednesday. Use our briefing to help you:
freeleaseholders.org.uk/our-…
MrCladding retweeted
“Rayner, of course, bought a share of freehold on her Brighton flat.” Socialism for thee, but not me...
MrCladding retweeted
Labour’s leasehold antics are fishier than a rotting fish head 🐟🤢
🚨 LEASEHOLDERS, RESPOND BY 11:59PM TONIGHT.
Government lease extension and freehold buy-out rate changes could mean you pay MORE.
Don’t let them get away with it!
Use our briefing: freeleaseholders.org.uk/our-…
MrCladding retweeted
Labour Quietly Ditches Pledge to Cut Leasehold Costs order-order.com/2026/10/21/l…
MrCladding retweeted
LEASEHOLDERS! One of the greatest rip-offs in history and Labour are bottling it.
ACT BEFORE 11:59PM TONIGHT.
Respond to the government consultation on lease extension and freehold buy-out rates using our briefing to help you:
freeleaseholders.org.uk/our-…
RESPOND OR REGRET IT.
Embarrassing!
@AngelaRayner shouldn’t let the threat of lawfare from lobbyists dictate policy.
Labour promised to free leaseholders.
Parliament is sovereign.
Stop diluting the reforms.
If rentier interests want to sue, let them.
This should be classic Labour territory.
MrCladding retweeted
Leaseholders, if you still haven’t filled out the govt consultation on rates to buy yr freehold , read this. Best account of the sitch I’ve seen. Don’t let @mtpennycook betray you. order-order.com/2026/10/21/l…
This is disgraceful @mtpennycook and @AngelaRayner
We will never and I mean NEVER vote Labour again. BRING ON THE GENERAL ELECTION!
MrCladding retweeted
Leaseholders, the government is laughing at you.
In opposition, @mtpennycook demanded premiums be reduced to “their lowest possible level”.
Now he’s ruled that out.
Don’t let him and the lobbyists win. Respond by 11:59pm tomorrow using our briefing:
freeleaseholders.org.uk/our-…
MrCladding retweeted
Asked when leasehold will end, Angela Rayner gave Nick Ferrari “legally complex”, “very soon” and “watch this space”. No date. No detail. Leaseholders have been watching for years. The rates consultation closes 11:59pm Wednesday. Respond: freeleaseholders.org.uk/our-…
DO YOUR JOB, RAYNER
Lewis Goodall last month. Nick Ferrari this morning.
On Ferrari’s show, @AngelaRayner could have raised awareness of a consultation that could help end leasehold for good and stop millions of people being fleeced in their own homes, as Labour promised in its manifesto.
As on Goodall’s show, she didn’t. Why the hell not?
Has she even seen the consultation? What does she make of its impenetrable language and design?
Twice, Rayner has hidden behind @mtpennycook, claiming he’s busting a gut to free leaseholders.
So why has Pennycook changed his tune since opposition, as @thetimes reports today?
And why isn’t Rayner holding him to his word?
After all, as Secretary of State, she’s his boss. He’s the junior minister.
It stinks.
Leaseholders: don’t let Rayner sleep at the wheel while Pennycook and the freeholder lobby stitch up your future in the shadows.
Respond to the enfranchisement rates consultation before the 11:59pm deadline on Wednesday. Use our briefing to help you:
freeleaseholders.org.uk/our-…
MrCladding retweeted
Arrogant and offensive. Can you imagine having to work with these truth twisters?
In opposition, @mtpennycook pushed for rates that made enfranchisement “as cheap as possible for leaseholders”.
Now in power, in the small print of a consultation, he says prescribed rates won’t be used to reduce leaseholders’ premiums.
This stinks. And @thetimes knows it.
MrCladding retweeted
Leaseholders fear higher bills as ministers hold back on changes thetimes.com/business/compan…
MrCladding retweeted
When senior Bloomberg writers like @John_Stepek feel they must caveat that government figures may not be reliable, it lends credibility to the feeling many of us have:
That the true unemployment picture is far, far worse at street level than the national figures suggest.
I don't recognise today's figures as having any basis in reality.
And I don't trust this government's reporting of the figures any more than the last one.
“Economic inactivity is closer to 10 million.”
Economic inactivity = unemployed
UK unemployment falls to lowest in a year but vacancies slide further
itv.com/news/2026-10-20/uk-u…
MrCladding retweeted
You are getting the message out @HarryScoffin @FreeLeasehlders. It is clear this sham consultation (that is deliberately constructed to deter participation by ordinary leaseholders) will allow @mtpennycook to appease the freehold cartel. Where is @AngelaRayner? AWOL.
Leaseholders are experiencing suicidal ideation and selling their cars to meet their freeholders’ extortion demands.
Yet a Labour government has ruled out using Tory rate-setting powers to make it cheaper for the exploited to buy out their exploiters.
Me in @thetimes tonight 👇
MrCladding retweeted
Behind the rates consultation are real people.
LHs under enormous financial pressure from costs we never agreed to & cannot control. The deferment & capitalisation rates decide how big that bill is. The gov says it doesn’t want to use their power to lower it. Why? @HarryScoffin
Leaseholders are experiencing suicidal ideation and selling their cars to meet their freeholders’ extortion demands.
Yet a Labour government has ruled out using Tory rate-setting powers to make it cheaper for the exploited to buy out their exploiters.
Me in @thetimes tonight 👇
MrCladding retweeted
@HarryScoffin is right. Labour promised to “finally bring the feudal leasehold system to an end.” Instead, we get a consultation that leans towards rates set in a 2007 court case, won by the freeholder lobby.
The consultation closes this Wednesday. Tell them what we want. 9%.
We are losing our jobs and homes, and the best Labour can do is ‘parking should be straightforward’.
Parking should be straightforward, not another everyday hassle.
Today we’re putting the brakes on rip-off parking charges - meaning drivers get a fairer deal, protections from being unfairly charged, and confidence that private parking providers are held to a higher standard.
It's yet another step forward in this government’s plan to take the stress out of everyday life and ease the pressure on people's pockets.