The work of Martin Boyd, co-director of the Leasehold Knowledge Partnership, to provide accurate leasehold figures was drawn to the attention of the Commons yesterday.
Boyd used leasehold figures from the 2011 census and the National House-Building Council to conclude that there are 5.3 million leasehold properties rather than the 2.5 million repeated by government and its agencies.
The difference in figures has obvious importance in the formulation of policy – most recently because leasehold properties are excluded from the government’s Flood Re insurance scheme.
The LKP leasehold figures have been adopted by the British Property Federation and the Council of Mortgage Lenders.
Yesterday Sir Peter Bottomley (Worthing West) (Con) intervened in the Commons debate over the private rented sector: “I do not want to distract my hon. Friend from his speech, but may I bring to the House’s attention recommendation 37 of the report, which deals with data quality?
“It cannot be found in any of the English housing statistics the proportion of homes that are leasehold, which is something that gives rise to a whole set of problems.
“Martin Boyd of the Leasehold Knowledge Partnership estimates that the number is 5 million, but those homes do not get much attention, so perhaps the Select Committee will examine what more needs to be done in that area.”