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Freehold: Insolvency

Asked by Gareth BaconConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 23 June 2026UIN 10233

The question

To ask the Secretary of State for Housing, Communities and Local Government, whether his Department has assessed the potential risks to leaseholders arising from freeholder insolvencies that may result from ground rent reform.

Answered by Matthew Pennycook

I refer the hon. Member to the Written Ministerial Statement made on 27 January 2026 (HCWS1278) and to Annex 5 of the Impact Assessment for the draft Commonhold and Leasehold Reform Bill which can be found here.

The government is investing £5.2 billion to remove unsafe cladding, with industry funding the remainder through measures including the building safety levy.

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