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

To ask Her Majesty's Government what assessment they have made of the affordability of leaseholders extending their leases by 990 years.

Long leases provide long term security for leaseholders and save them money by avoiding the need for multiple lease extensions

The Government remains committed to promoting fairness and transparency for homeowners and ensuring that consumers are protected from abuse and poor service.

Our reforms seek to achieve this, by taking account of the legitimate rights of freeholders but addressing historic imbalance to ensure fairness for leaseholders. We will continue to ensure we meet this objective as we bring forward reforms.

In line with usual practice, the Government’s intention would be to publish an impact assessment on our leasehold reforms as part of taking primary legislation through Parliament.