Leasehold Enfranchisement Debate
Full Debate: Read Full DebateLord Kennedy of Southwark
Main Page: Lord Kennedy of Southwark (Labour - Life peer)Department Debates - View all Lord Kennedy of Southwark's debates with the Ministry of Housing, Communities and Local Government
(1 year, 6 months ago)
Lords ChamberTo ask His Majesty’s Government what plans they have to make leasehold enfranchisement a simpler, more viable option for residential leaseholders.
My Lords, I beg leave to ask the Question standing in my name on the Order Paper. I declare my interests as set out in the register and the fact that I am a leaseholder.
My Lords, we are committed to making enfranchisement simpler and cheaper for leaseholders. We will abolish marriage value, cap the treatment of ground rents in the enfranchisement calculation and prescribe rates to be used, saving some leaseholders thousands of pounds. An online calculator will also be introduced to make it simpler for leaseholders to find out how much it will cost them to enfranchise. We are due to bring forward further leaseholder reforms later in this Parliament.
My Lords, there is a specific problem with any lease extension granted in blocks of flats after 14 February 2022, as they are not protected by the Building Safety Act 2022. When will that be put right? Secondly, the Minister will have seen the interview her predecessor—the noble Lord, Lord Greenhalgh—gave to the Leasehold Knowledge Partnership on 14 April, which raised grave doubts about the promised leasehold reform Bill being in the King’s Speech. Does she understand the concern and worry that has caused leaseholders, and will she bring those worries and concerns to the attention of the Secretary of State?
We have had this question before, but I can tell my noble friend that we are trying to get the Bill here. We have a short period of time, it is a complex Bill and—I am going to be totally honest with noble Lords—it will not get here for pre-legislative scrutiny, but we will get it in shortly.
My Lords, can I just be absolutely clear? Are we definitely going to get this Bill in the next Session of Parliament, without a doubt?
Does the noble Lord want me to repeat it? I shall not waste time—but, yes.