Leasehold Properties: Mis-selling

Part of Housing, Communities and Local Government – in the House of Commons on 22nd July 2019.

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Photo of James Brokenshire James Brokenshire The Secretary of State for Housing, Communities and Local Government

I absolutely do. Unfair practices in the leasehold market have no place in modern housing, and neither do, for example, excessive ground rents that exploit consumers who get nothing in return. I called on the Competition and Markets Authority to look into this issue, and I am pleased it has now responded, also reflecting the calls from the Housing, Communities and Local Government Committee—I note that the Chair of the Committee, Mr Betts, is in his place this afternoon.

It is right that we get to the bottom of this, that we challenge it and that we respond to these unfair practices firmly and effectively.