Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Communities and Local Government, with reference to the Answer of 26 April 2017 to Question 68793, on help to buy scheme: leasehold, what his Department's definition is of acceptable terms for new build houses.
The Housing White Paper outlines the Government’s approach to fairness, transparency and customer choice for leaseholders. It also made clear that selling houses on a leasehold basis is not always in consumers’ best interests. We are working with UK Finance, lenders and the leasehold sector to identify abuses and promote more acceptable lease terms.