Schedule 7 - Right to vary lease to replace rent with peppercorn rent

“Insolvency of certain persons with an interest in higher-risk and relevant buildings – in the House of Commons at 6:00 pm on 27 February 2024.

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Amendment proposed: 8, in schedule 7, page 168, line 15, leave out sub-sub-paragraph (a).—(Matthew Pennycook.)

This amendment would ensure that all leaseholders, not just those with residential leases of 150 years or over, have the right to vary their lease to replace rent with peppercorn rent.

Question put, That the amendment be made.

Division number 84 Leasehold and Freehold Reform Bill Report Stage: Amendment 8

Aye: 170 MPs

No: 299 MPs

Aye: A-Z by last name

Tellers

No: A-Z by last name

Tellers

The House divided: Ayes 170, Noes 299.

Question accordingly negatived.