To ask Her Majesty's Government what plans they have to reform the leasehold system of ownership during 2021.
14 December 2020
The Government is taking forward a comprehensive programme of reform to end unfair practices in the leasehold market. This includes measures to ban the sale of new leasehold houses, restrict ground rents to zero for future leases, give freehold homeowners equivalent rights to challenge unfair charges, and close loopholes to prevent unfair evictions
We are also working with the Law Commission to make buying a freehold or extending a lease easier, quicker and cheaper – and to reinvigorate Commonhold to provide consumers with a choice of tenure and the Right to Manage to help empower those that wish to, to take on management responsibilities for their properties.
This is a long-term reform programme; it is complex with many interdependencies and will take time to get the detail right. Once it is enacted the effect will be felt for generations and so we are determined this work considers all the implications with care. We will bring forward leasehold legislation as soon as parliamentary time allows.