(5 years, 6 months ago)
Commons ChamberMany of my constituents are suffering from severe stress following the purchase of their homes on unfair leasehold terms. Does the Minister agree that tackling leasehold abuse is a matter of urgency, and will she comment on a timetable for action?
I thank my hon. Friend for her question. The Government are very clear that unjust leasehold practices must come to an end. We have committed to banning new leasehold houses and restricting ground rents on future leases to a peppercorn. We launched our consultation on the details of these proposals on 15 October. I agree that this is an urgent matter, having read many of the stories of leaseholders facing high or doubling ground rents or struggling to sell their homes, especially in my hon. Friend’s part of the north-west. We will bring forward legislation as soon as parliamentary time allows.