Leasehold Properties: Managing Agents Debate

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Department: Department for Levelling Up, Housing & Communities

Viscount Hanworth

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Leasehold Properties: Managing Agents

Viscount Hanworth Excerpts

Business of the House
Monday 17th July 2023

(9 months, 4 weeks ago)

Lords Chamber
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Baroness Scott of Bybrook Portrait Baroness Scott of Bybrook (Con)
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My 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.

Viscount Hanworth Portrait Viscount Hanworth (Lab)
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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?

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