Commonhold and Leasehold Reform

Nia Griffith 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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I must correct the hon. Gentleman: it does not solely deal with leasehold, as I made clear in the statement. The draft Bill will repeal sections 121 and 122 of the Law of Property Act 1925, ending the disproportionate remedies that give rent charge owners access to a draconian enforcement regime on freehold estates. As I have said, we are doing more, through the two consultations launched before Christmas in particular, to give new consumer protections to those living on freehold estates. I hope the hon. Gentleman will take part in and respond to that consultation.

Nia Griffith Portrait Dame Nia Griffith (Llanelli) (Lab)
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The capping of ground rent at £250 will give certainty and relief to leaseholders in Llanelli, who face unpredictable and unjustifiable hikes in ground rent and for whom the reform simply cannot come soon enough. Will the Minister give us a bit more detail on the timetable for the Bill and assure us that he will do everything he possibly can to ensure that the cap is brought in as soon as possible?

Matthew Pennycook Portrait Matthew Pennycook
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I agree with my hon. Friend. She, like me, will have constituents who are subject to high, unfair ground rent charges and, in some cases, to escalating ground rent charges, particularly those that are inflation-linked. People across the country see those ground rent charges stack up to significant amounts and they will benefit from the cap once it is implemented. We estimate that the cap on ground rents will take approximately 12 months to introduce after Royal Assent, but that is all subject to parliamentary timings. If, as in the past, there is cross-party support on this issue, we can all work together to ensure that the Bill makes speedy progress.