(1 week, 1 day ago)
Written CorrectionsRead Hansard Text Read Debate Ministerial Extracts
Tessa Munt (Wells and Mendip Hills) (LD)
Non-qualifying leaseholder status gets slapped on a property in perpetuity long after the required safety works are completed. That status means that it is almost impossible to acquire a mortgage—solicitors advise very strongly that purchasers steer clear of such properties, which are very often flats—and the status is inherited by successive owners in perpetuity. Has the Minister considered what this status does for the housing crisis?
Alex Norris
I completely understand the challenge. Drawing a line between qualifying and non-qualifying leaseholders—between people who own a property and therefore suffer from things that have been beyond their control, and landlords that are businesses and therefore have multiple assets—will always be a difficult job. At the edge, where the boundary between qualifying and non-qualifying becomes blurred, there are some difficult cases. As a new Government, we are committed to working with people to understand better how we can go forward on that. As for the substantive point on where the liability should lie, it is about finding the right balance between those who built the building and those who live in it.
[Official Report, 2 December 2024; Vol. 758, c. 24.]
Written correction submitted by the Under-Secretary of State for Housing, Communities and Local Government, the hon. Member for Nottingham North and Kimberley (Alex Norris):
Alex Norris
I completely understand the challenge. Drawing a line between qualifying and non-qualifying leaseholders—between people who own a property and therefore suffer from things that have been beyond their control, and landlords that are businesses and therefore have multiple assets—will always be a difficult job. At the edge, where the boundary between qualifying and non-qualifying becomes blurred, there are some difficult cases. As a new Government, we are committed to working with people to understand better how we can go forward on that. As for the substantive point on where the liability should lie, it is about finding the right balance between those who have financial interests in a building and those who live in it.