Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, what assessment she has made of the potential impact of an increase in the number of leasehold flat forfeitures due to leaseholders being unable to pay costs arising from building safety defects on the mortgage securitisation market; and if she will make a statement.

I refer the hon. Member to the answer given to Question UIN 30259 on 19 February 2025.

Government remains committed to removing the disproportionate and draconian threat of forfeiture as a means of ensuring compliance with a lease agreement. Qualifying leaseholders are protected from costs of remedying specific historical safety defects under the Building Safety Act, while at the same time we ensure those who built defective buildings take responsibility for remedying them, and wider industry contributes to fixing the problem.

Looking specifically at mortgage securitisation, my officials speak to the mortgage lending sector who we would expect to raise if an issue.