Residential Leasehold

Lord Kennedy of Southwark Excerpts

Wednesday 17th May 2023 Lords Chamber

Asked by

[Lord Kennedy of Southwark]

To ask His Majesty’s Government what action, if any, they are taking to abolish residential leasehold before the end of this Parliament.

[Lord Kennedy of Southwark (Lab Co-op)]

My Lords, in begging leave to ask this Question, I refer to my interests in the register and declare that I am a leaseholder.

[The Parliamentary Under-Secretary of State, Department for Levelling Up, Housing & Communities (Baroness Scott of Bybrook) (Con)]

My Lords, while I cannot set out precise details of a future Bill at this stage, the Government have been clear about our commitment to addressing the historic imbalance in the leasehold system and to extending the benefits of freehold ownership to more home owners. We will bring forward further reforms later in this Parliament.

[Lord Kennedy of Southwark (Lab Co-op)]

My Lords, that is just not good enough. It is extremely disappointing but, sadly, par for the course. Promises and pledges have been made, and promises and pledges have been broken. Over the last year—on 20 June, 14 July, 20 July, 17 October, 12 January, 20 February, 22 February, 23 March and, most recently, 2 May—I have raised these issues and been told that the Government intend to bring

“the outdated and feudal system of leasehold to an end.”—[Official Report, 20/2/2023; col. 1444.]

We now hear from the media that that is not going to happen in this Parliament. That is just not good enough. Will the Minister take the opportunity here today to apologise to all the people trapped in the leasehold nightmare who have been let down by these broken promises, and explain to the House why we should believe these latest promises and pledges?

[Baroness Scott of Bybrook (Con)]

My Lords, as I have said before, property law is fiendishly complex. It is absolutely right that the Government take the time needed to make sure that the reforms are right. As I have said before, the Government will bring reforms to the leasehold system in this Parliament, but I cannot pre-empt the King’s Speech by confirming at this time what will or will not be in future legislation.