Oral Answers to Questions

Tessa Munt Excerpts

Monday 2nd December 2024 Commons Chamber

[Alex Norris]

As my hon. Friend knows, I am very keen on community ownership, and I am sad to hear about the situation in his community. I would definitely steer him towards the “asset of community value” process in the immediate term, and of course, I would be very happy to meet him and campaigners on this issue.

[Tessa Munt (Wells and Mendip Hills) (LD)]

Non-qualifying leaseholder status gets slapped on a property in perpetuity long after the required safety works are completed. That status means that it is almost impossible to acquire a mortgage—solicitors advise very strongly that purchasers steer clear of such properties, which are very often flats—and the status is inherited by successive owners in perpetuity. Has the Minister considered what this status does for the housing crisis?

[Alex Norris]

I completely understand the challenge. Drawing a line between qualifying and non-qualifying leaseholders—between people who own a property and therefore suffer from things that have been beyond their control, and landlords that are businesses and therefore have multiple assets—will always be a difficult job. At the edge, where the boundary between qualifying and non-qualifying becomes blurred, there are some difficult cases. As a new Government, we are committed to working with people to understand better how we can go forward on that. As for the substantive point on where the liability should lie, it is about finding the right balance between those who built the building and those who live in it.