Part of the debate – in the House of Commons at 11:04 am on 11 January 2018.
The most recent figures show that a staggering 69% of new houses built in the north-west are unnecessarily sold as leaseholds, leaving homeowners at the mercy of cowboy financiers who block-buy their freeholds in job lots in order to exploit them financially. The hon. Gentleman gave a poor answer to my hon. Friend Derek Twigg when he asked about this earlier. May we have an urgent debate in Government time about what the Government are going to do now to help the thousands of people, including many of my constituents, who are subjected to this appalling financial exploitation?