Leasehold and Commonhold Reform — [Albert Owen in the Chair]

Part of the debate – in Westminster Hall at 4:16 pm on 2nd October 2019.

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Photo of Jonathan Reynolds Jonathan Reynolds Shadow Economic Secretary (Treasury) 4:16 pm, 2nd October 2019

I am grateful to the Minister for her generosity in giving way and to Sir Peter Bottomley for securing the debate.

One thing I would beg the Minister for is a simple right-to-buy formula, perhaps based on the number of years remaining—a multiple of the ground rent, in some way—that could be applied nationwide. I know there will be a lot of complexities in that, but is it something she is looking at in those plans? It would be great to hear if she were.