Amendment 12

Part of Leasehold and Freehold Reform Bill - Committee (1st Day) – in the House of Lords at 4:15 pm on 22 April 2024.

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Baroness Taylor of Stevenage:

Moved by Baroness Taylor of Stevenage

12: After Clause 25, insert following new Clause— “Report on providing leaseholders in flats with a share of the freehold(1) The Secretary of State must publish a report outlining legislative options to ensure that all qualifying tenants in newly-constructed residential properties containing two or more flats have a proportionate share of the freehold of their property.(2) The report must be laid before Parliament within three months of the commencement of this Act.”Member’s explanatory statementThis new Clause would require the Secretary of State to publish a report outlining legislative options to provide leaseholders in flats with a share of the freehold.