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Leasehold: Mortgages

Asked by Mike AmesburyIndependentMinistry of Housing, Communities and Local GovernmentTabled Answered 30 October 2024UIN 10467

The question

To ask the Secretary of State for Housing, Communities and Local Government, if he will make an assessment of the potential implications for her policies of the number and proportion of leaseholders who are unable to get a mortgage because their lease is below 80 years; and if he will take steps to end leasehold.

Answered by Matthew Pennycook

Further to my answer to Question UIN 7185 on 10 October 2024, the Impact Assessment for the Leasehold and Freehold Reform Act considered how the reforms will interact with the potential challenges faced by leaseholders with short leases. This is available from the Parliamentary website.

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