I saw the same thing on BBC Parliament channel just now. Radio 4 has highlighted the issue while back in "You and Yours" and "Money Box", see here BBC Radio 4 - You and Yours, Leasehold Flats, British Flowers, Smart ThermostatsTaylor Wimpey were on Today in Parliament on radio 4 just now. Top people from TW squirming in front of a select committee trying to explain why extorting money from leaseholders they had sold housing to was ok. In brief TW realised that selling leaseholds meant they could coin it by upping ground rents in future. A clever money making wheeze.
Worth a listen. about half way through.
BBC Radio 4 - Today in Parliament
Why making money whilst giving nothing in return is great business practise that TW now realise was misguided.
Some of these property developers should be put up against a wall and shot. Thats how I felt after listening to them.
Not sure if Taylor Wimpey's original offer to only negotiate with the original buyers still applies, maybe that was covered in the full select committee hearing.
Taylor Wimpey lease terms already incorporate steeply escalating grounds rents. That is built in. Seems bizarre that they can just sell on their freeholds without reference to the lessees. A bit of "dicing and splicing" by the look of it.
The same problem of dodgy leaseholds applies to "retirement homes" - though we don't have any of those in Brixton (yet).
As regards "The Edge" I imagine their lease terms will have escalating ground rents - but the buyers will have no remedy - unless they club together as a group and buy the freehold of their block (which seems unlikely).