Craig Tracey
Main Page: Craig Tracey (Conservative - North Warwickshire)Department Debates - View all Craig Tracey's debates with the Leader of the House
(7 years, 7 months ago)
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Andrea Leadsom
The hon. Lady will be aware that the business for next week has already been announced.
Craig Tracey (North Warwickshire) (Con)
The exploitation of leasehold agreements by house builders and management companies is a national scandal that is leaving homeowners in my constituency in financial difficulty. May we have an urgent debate to explore an industry-wide solution to address the actions of such companies across the board?
Andrea Leadsom
My hon. Friend is right to raise that important issue. The Government are working with partners who have an interest in reforming residential leasehold, as outlined in our housing White Paper, to try to improve fairness and transparency for leaseholders. The White Paper responded to leaseholders’ concerns that were raised by MPs in a debate on reforming leasehold in December 2016, and we will be consulting on what more needs to be done to promote greater transparency and fairness for leaseholders, including whether all developers and managing agents are acting in the best interests of those thinking of buying and living in a leasehold property.