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Leasehold: Ground Rent

Asked by Joe PowellLabourMinistry of Housing, Communities and Local GovernmentTabled Answered 16 October 2024UIN 8051

The question

To ask the Secretary of State for Housing, Communities and Local Government, when her Department plans to respond to the consultation entitled Modern leasehold: restricting ground rent for existing leases which closed on 17 January 2024.

Answered by Matthew Pennycook

Over the course of this Parliament, the Government will further reform the leasehold system. We will enact remaining Law Commission recommendations relating to enfranchisement and the Right to Manage, tackle unregulated and unaffordable ground rents, reinvigorate commonhold through a comprehensive new legal framework, and ban the sale of new leasehold flats so commonhold becomes the default tenure.

The Government has made clear it intends to publish draft legislation on leasehold and commonhold reform in this session so that it may be subject to broad consultation and additional parliamentary scrutiny. We will announce further details in due course.

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