Leasehold

(asked on 13th September 2018) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, whether the Government plans to bring forward legislative proposals in response to the tackling unfair lease practices in the leasehold market consultation.


Answered by
Heather Wheeler Portrait
Heather Wheeler
This question was answered on 9th October 2018

On 21 December 2017, the Government set out a package of measures to tackle abuses and unfair practices in the leasehold market. This includes introducing legislation to prohibit the development of new build leasehold houses, other than in exceptional circumstances, and restricting ground rents in newly established leases of houses and flats to a peppercorn.

We are also working with the Law Commission to support existing leaseholders - including making buying a freehold or extending a lease easier, faster, fairer and cheaper.

We will bring forward legislation as soon as Parliamentary time allows.

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