Commonhold and Leasehold Reform

Debate between Rebecca Paul and Matthew Pennycook
Tuesday 27th January 2026

(1 day, 14 hours ago)

Commons Chamber
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Matthew Pennycook Portrait Matthew Pennycook
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My hon. Friend and I both served on the Public Bill Committee when the Bill that is now the 2024 Act was going through the House, and we discussed many of these issues then; I can assure him that we have given consideration to all of them. He is right that we are now on a path to a commonhold future. As I have said, this is a radical improvement on leasehold home ownership. In general, while we will obviously ensure that leaseholders who wish to remain under leasehold ownership benefit from new rights and protections, it is the Government’s intention to try to persuade as many leaseholders as possible to convert to commonhold and to enjoy the benefits that it provides.

Rebecca Paul Portrait Rebecca Paul (Reigate) (Con)
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I thank the Minister for his statement, and for all his support with the issues we have had at Park25 in Redhill; I very much appreciate that he has taken residents’ concerns seriously. Which of the changes will be most beneficial for my Park25 residents, and has the Minister given any more thought to my suggestion of mandatory adoption of communal land by local authorities?

Matthew Pennycook Portrait Matthew Pennycook
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I must say, without getting into the detail of the circumstances of the hon. Lady’s constituents, it is hard to know which of the measures will benefit them most. If they are subject to high ground rent charges, the cap on introduction will benefit them hugely on its introduction. If they have suffered from the threat of forfeiture, which is a draconian and disproportionate means of enforcing lease terms, they will benefit in myriad ways from the legislation.

Oral Answers to Questions

Debate between Rebecca Paul and Matthew Pennycook
Monday 9th June 2025

(7 months, 2 weeks ago)

Commons Chamber
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Rebecca Paul Portrait Rebecca Paul (Reigate) (Con)
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T5. It has been estimated, and reported, that billions-worth of unspent community infrastructure levy may be available at local authority level for investment in critical infrastructure. Will the Minister ensure that the money is invested in roads and drainage, so it can deliver the improvements that our residents deserve?

Matthew Pennycook Portrait Matthew Pennycook
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There are legitimate reasons why developer contributions can be held by local authorities—for example, so that they can complete phased development, or bring forward other sites over a period of time—but we are aware that certain local authorities hold, in some cases, significant sums, and we are giving the matter some attention.

Building Homes

Debate between Rebecca Paul and Matthew Pennycook
Thursday 12th December 2024

(1 year, 1 month ago)

Commons Chamber
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Matthew Pennycook Portrait Matthew Pennycook
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My hon. Friend is absolutely right. Contrary to the crowing by the hon. Member for Thirsk and Malton (Kevin Hollinrake) about the Opposition’s record on home ownership, the rates are stagnant and they are particularly bad for the younger generation. We have a generation locked out of home ownership. We are taking action in that area, not least through our plans to take forward a comprehensive and permanent mortgage guarantee scheme. One of the largest contributory factors, although not the only one, at the heart of why housing is unaffordable, is our failure over many decades to build enough homes of all tenures. Going forward, the framework will support our target of 1.5 million new homes.

Rebecca Paul Portrait Rebecca Paul (Reigate) (Con)
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The Government have announced that housing targets for Reigate and Banstead will increase significantly. We will move from an advisory target of 644 houses per year to a mandatory and completely unrealistic target of 1,264—a 96% increase. A large proportion of my constituency is green belt. If all areas must play their part in building the homes we need, why is the Minister reducing housing targets for London and other urban areas, while increasing them in rural areas like mine?

Matthew Pennycook Portrait Matthew Pennycook
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I have made clear the point on urban areas and how the 20% increase across the board means we are asking more of all parts of the country. I say gently to the hon. Lady that she speaks as if there are no housing pressures in her constituency. People want homes in her constituency to rent or to buy as much as in any other part of the country. Yes, the targets are stretching but they are achievable, either through brownfield development from the release of low-quality grey-belt land within the green belt, or through cross-boundary strategic planning.