Leasehold: Reform
The question
To ask the Secretary of State for Housing, Communities and Local Government, if her Department will take steps to replace the leasehold system with commonhold.
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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