(1 month, 3 weeks ago)
Commons ChamberThe Government intend to act quickly to provide homeowners with greater rights, powers and protections over their homes by implementing the provisions of the Leasehold and Freehold Reform Act 2024. Over the course of this Parliament, we will further reform the leasehold system to honour the commitments made in our manifesto. To that end, the Government have made it clear that they intend to publish draft legislation on leasehold and commonhold reform in this parliamentary Session.
My constituent David has reported that his service charge has tripled in the past few years, even though dangerous cladding has still not been removed, leaving him in a leasehold debt trap with an unsellable property. I thank the Minister for confirming our intention to abolish the whole feudal system of leasehold, but what more can be done in the meantime to help people to challenge unfair service charges?
One of the most urgent things we need to do—we are working on this at pace—is to bring into force the provisions of the Leasehold and Freehold Reform Act. As I made clear in response to an earlier question, that will increase transparency and standardisation across service charges, but we want to go further. We are committed to finally bringing the feudal leasehold system to an end, and across the Parliament that is precisely what we will do.