Commonhold and Leasehold Reform

Jim Shannon Excerpts
Tuesday 27th January 2026

(1 day, 7 hours ago)

Commons Chamber
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Matthew Pennycook Portrait Matthew Pennycook
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Absolutely. Commonhold is a purpose-built tenure designed specifically for people to own and manage a shared building without a third-party landlord and without a ground rent. We want to see its uptake grow significantly over this Parliament, and that is what the measures in this draft Bill are designed to provide for.

Jim Shannon Portrait Jim Shannon (Strangford) (DUP)
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I thank the Minister very much for his statement. It is indeed a joy to have some good news in the Chamber for everyone out there, and we welcome that. Thank you for that, Minister, and for the Government’s proposals. The Government have an interest in Northern Ireland, and while homeowners in Northern Ireland have the ability to buy out leaseholds under the Ground Rents Act (Northern Ireland) 2001, that Act does not provide for a cap on ground rent in its calculations. Will the Minister undertake to discuss these proposals with the devolved regions to enable a blanket costing to apply UK-wide at this time of austerity?

Matthew Pennycook Portrait Matthew Pennycook
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I always thank the hon. Member for his constructive contributions. As he knows, England and Wales can learn lots from Northern Ireland, but, as ever—particularly in relation to our reforms to housing and planning, as well as to leasehold—there are many things that Northern Ireland can learn from our reforms. I can give him the undertaking that the devolved Administrations will be kept up to date with what we are doing.