Question to the Ministry of Housing, Communities and Local Government:
To ask His Majesty's Government what plans they have to undertake a comprehensive assessment of property law, including the Law of Property Act 1925, to enable it to meet the needs of today's property market and usage.
The Government is already taking decisive action to reform and modernise property law to ensure that it works effectively for people across the country. We are reforming the home buying and selling system to make it faster, more certain, and less stressful for consumers. We are ending the outdated leasehold tenure and making commonhold the default tenure for new flats, capping ground rents at Ā£250 before changing to a peppercorn after 40 years and ending draconian enforcement remedies such as forfeiture. This leasehold reform programme is informed by the extensive work of the Law Commission. In addition, the Rentersā Rights Act is delivering the biggest increase to rentersā rights in a generation, transforming the experience of private renting by ending Section 21 āno faultā evictions and giving renters greater security and stability in their homes.