Business of the House

Justin Madders Excerpts

Thursday 9th June 2016 Commons Chamber

[Chris Grayling]

I am sure that my hon. Friend’s comments will have been noted by the Prime Minister and the Foreign Secretary and, of course, the Prime Minister will be back in this House next Wednesday before we go into recess. Notwithstanding questions about timing, it is still the Government’s policy that in due course Turkey should join the European Union.

[Justin Madders (Ellesmere Port and Neston) (Lab)]

I was recently contacted by several constituents who were looking to purchase the freeholds of their properties, which were built a few years ago. My constituents had found that the developers who originally built the properties had sold the freeholds on to private investment companies, who were now asking for three or four times the original asking price to purchase those freeholds. I know there is a process to resolve these issues, but it is lengthy, complex and expensive, so may we please have a debate on what can be done to simplify that process and give people some comfort that the homes they have bought are not being used by third parties as part of some speculative investment strategy?

[Chris Grayling]

This issue obviously affects a great many people and, where there are set processes, it should not be possible for any freeholder to exploit an individual leaseholder by contravening the rules. The amounts payable are calculated according to a formula that is set down in law, and should not be exploitable. If the hon. Gentleman has identified cases where this is not happening and from which there are lessons to be learned, I ask him to write to me, and I will pass the matter on to my colleagues in the Department for Communities and Local Government and ask them to take a detailed look at the concerns he has identified.