Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, with reference to the ongoing consultation entitled Jointly owned properties, if she will (a) review the interpretation of joint ownership within the Building Safety Act 2022 and (b) amend that Act to ensure equitable treatment of leaseholders.
A call for evidence on jointly owned residential leasehold properties was undertaken by the previous government between Thursday 21 March 2024 to Sunday 7 April 2024. That call for evidence is, therefore, complete. The Government is, however, reviewing how to better protect leaseholders from costs relating to building safety.
Currently, two individuals who own all of their properties jointly will be capped at three properties but two individuals who own all or some property individually will be capped at six if they live separately, and five if they live together in one property.
Those who jointly own properties will always have their principal residence protected to reflect this position.