Oral Answers to Questions

Debate between Matthew Pennycook and Damien Egan

Monday 2nd December 2024 Commons Chamber

[Damien Egan (Bristol North East) (Lab)]

11. What steps she plans to take to reform the leasehold system.

[The Minister for Housing and Planning (Matthew Pennycook)]

For far too many leaseholders, the reality of home ownership has fallen woefully short of the dream. Over the course of this Parliament, the Government are determined to honour the commitments made in our manifesto and to do what is necessary to finally bring the feudal leasehold system to an end. On 21 November, I made a written ministerial statement to update the House on the steps that the Government intend to take to implement the reforms to the leasehold system that are already in statue, and to progress the wider set of reforms that are necessary to end the system for good.

[Damien Egan]

I recently met people living on the redeveloped Blackberry Hill hospital site in Fishponds, and they told me about the excessive and unfair leasehold charges that they face from their property management company, FirstPort. What assurances can the Minister provide that this Government will, once and for all, free people from the leaseholder system and end the rip-off fees?

[Matthew Pennycook]

I thank my hon. Friend for his question. The Government are acutely aware that far too many leaseholders across the country are routinely subject to unjustified permissions and administration fees, unreasonable or extortionate charges, and onerous conditions that are imposed with little or no consultation. That is not what home ownership should entail, and it is why we must bring the system to an end in this Parliament. As I set out in the written ministerial statement to which I referred earlier, the Government will act to protect leaseholders from abuse and poor service at the hands of unscrupulous managing agents, such as the ones my hon. Friend mentioned, by strengthening regulation in this area.