Asked by: Mike Penning (Conservative - Hemel Hempstead)
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, with reference to the consultation entitled Modern leasehold: restricting ground rent for existing leases, published on 9 November 2023, whether he plans to implement changes arising from that consultation in this Parliament.
Answered by Lee Rowley
The Government recently consulted on a range of options to restrict ground rents for existing leases. We asked questions about the impacts of the options on different stakeholder groups and how a cap would work in practice. This included questions on how freeholders use ground rent currently, and whether there are costs that freeholders meet through ground rent which are more appropriately suited to the service charge.
We are carefully considering the responses we have received and will set out next steps in due course.
Asked by: Mike Penning (Conservative - Hemel Hempstead)
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, when he plans to publish a response to his Department's consultation entitled Modern leasehold: restricting ground rent for existing leases, published on 9 November 2023.
Answered by Lee Rowley
The Government recently consulted on a range of options to restrict ground rents for existing leases. We asked questions about the impacts of the options on different stakeholder groups and how a cap would work in practice. This included questions on how freeholders use ground rent currently, and whether there are costs that freeholders meet through ground rent which are more appropriately suited to the service charge.
We are carefully considering the responses we have received and will set out next steps in due course.
Asked by: Mike Penning (Conservative - Hemel Hempstead)
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, if he will cap ground rent for existing leases at a peppercorn level.
Answered by Lee Rowley
The Government recently consulted on a range of options to restrict ground rents for existing leases. We asked questions about the impacts of the options on different stakeholder groups and how a cap would work in practice. This included questions on how freeholders use ground rent currently, and whether there are costs that freeholders meet through ground rent which are more appropriately suited to the service charge.
We are carefully considering the responses we have received and will set out next steps in due course.