Clause 19 - Administration charges for peppercorn rents

Part of Leasehold Reform (Ground Rent) Bill [Lords] – in a Public Bill Committee at 2:45 pm on 7 December 2021.

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Photo of Mike Amesbury Mike Amesbury Shadow Minister (Housing, Communities and Local Government) 2:45, 7 December 2021

I welcome clause 19. The interest in charges that are applied under various titles is well documented. I think the clause does close a loophole. Of course, the Opposition have stated our desire and concern to see these provisions extended to some 4.5 million leaseholds. There are 1.5 million households that are in leaseholds, with some 270,000 in the north-west and a similar figure in Wales. This measure obviously applies to those going forward. I welcome the clause within the narrow scope of the Bill.