Leasehold Properties: Managing Agents Debate
Full Debate: Read Full DebateViscount Hanworth
Main Page: Viscount Hanworth (Labour - Excepted Hereditary)Department Debates - View all Viscount Hanworth's debates with the Ministry of Housing, Communities and Local Government
(1 year, 5 months ago)
Lords ChamberMy Lords, we are well aware of the significant issue concerning leaseholder protections where leases are extended or varied. A change to primary legislation is necessary to ensure the continuation of protection. We are looking to bring forward the necessary legislation as soon as parliamentary time allows. Obviously, compensation will be part of that discussion, I am sure.
Is the Minister not aware that freeholders are frequently motivated to consolidate the ownership of their properties by driving the leaseholders into unsustainable debt, by dint of exorbitant service charges?