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Leasehold

Ministry of Housing, Communities and Local Government written question – answered on 6th March 2019.

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Photo of Peter Bottomley Peter Bottomley Conservative, Worthing West

To ask the Secretary of State for Housing, Communities and Local Government, what steps he is taking to help leaseholders with onerous leases.

Photo of Heather Wheeler Heather Wheeler Parliamentary Under-Secretary (Housing, Communities and Local Government)

The Government is clear that unfair practices have no place in a modern housing market. That is why we are putting pressure on developers and freeholders to vary onerous lease terms, such as those with doubling ground rents. Some developers have introduced schemes to assist individuals which is welcome, but this support must be extended to include second hand buyers, and leaseholders proactively contacted. We are keeping a close eye on progress and will consider taking further action as necessary.

We are also working with the Law Commission to make it faster, fairer and cheaper for existing leaseholders to extend their lease or buy the freehold. In addition, we have worked with Trading Standards to ensure there is better information on redress, and they recently published guidance to help leaseholders understand where to go if things go wrong, and how they can access support.

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