Oral Answers to Questions Debate
Full Debate: Read Full DebateBlake Stephenson
Main Page: Blake Stephenson (Conservative - Mid Bedfordshire)Department Debates - View all Blake Stephenson's debates with the Ministry of Housing, Communities and Local Government
(1 day, 21 hours ago)
Commons ChamberWe will continue to work through the Representation of the People Bill in Committee, through line-by-line scrutiny. I look forward to continuing that work with the hon. Gentleman, and we will discuss that then.
Blake Stephenson (Mid Bedfordshire) (Con)
On 19 March, we published a full impact assessment for the draft Commonhold and Leasehold Reform Bill. The hon. Gentleman will be aware that we are also consulting on precisely how to introduce a ban on the use of leasehold for new flats, including in respect of issues such as scope, transitional arrangements and exemptions.
Blake Stephenson
Wixams retirement village in Mid Bedfordshire is a wonderful, integrated retirement community, but I understand from the sector and the industry that that business model is under threat from the Government’s leasehold reforms. Given the important role that these communities can play in reducing social care costs for our local authorities, and the fantastic option they represent for older constituents, will the Minister commit to look again at the specific impacts of leasehold reform on the integrated retirement sector, particularly to give stability and predictability to investors so that they can invest in future schemes?
I thank the hon. Gentleman for his well-judged question. Let me reassure him that the Government understand the distinct operational and financial models that underpin specialist retirement housing, and that we recognise the important role that integrated retirement community operators play in providing high-quality housing for older people. As he is hopefully aware, the way in which the retirement housing sector functions in a world in which commonhold is the default tenure, and whether some kind of exemption is required, are among the many questions we are seeking feedback on in our consultation on moving to commonhold and banning leasehold for new flats. I encourage him and any operators in his constituency to engage with that consultation.