Business of the House Debate

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Department: Leader of the House

Business of the House

Craig Tracey Excerpts
Thursday 13th July 2017

(6 years, 9 months ago)

Commons Chamber
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Andrea Leadsom Portrait Andrea Leadsom
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The hon. Lady will be aware that the business for next week has already been announced.

Craig Tracey Portrait Craig Tracey (North Warwickshire) (Con)
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The exploitation of leasehold agreements by house builders and management companies is a national scandal that is leaving homeowners in my constituency in financial difficulty. May we have an urgent debate to explore an industry-wide solution to address the actions of such companies across the board?

Andrea Leadsom Portrait Andrea Leadsom
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My hon. Friend is right to raise that important issue. The Government are working with partners who have an interest in reforming residential leasehold, as outlined in our housing White Paper, to try to improve fairness and transparency for leaseholders. The White Paper responded to leaseholders’ concerns that were raised by MPs in a debate on reforming leasehold in December 2016, and we will be consulting on what more needs to be done to promote greater transparency and fairness for leaseholders, including whether all developers and managing agents are acting in the best interests of those thinking of buying and living in a leasehold property.