Andrew Selous, Conservative MP for South West Bedfordshire, told the All Party Parliamentary Group on leasehold reform on April 19 that leasehold houses were “despicable”.
“For me, this is a spivvy financial director dreaming up on a wet Thursday afternoon how developers can get another stream of income. We should not be treating homeowners in this way, and I think it is absolutely disgraceful.”
In a powerful intervention, Andrew Selous said:
“This practice offends my sense of Justice. It is despicable and I think we should call a spade a spade.
“I first became aware of this issue relatively recently because of two sites built on freehold land. One was in Dunstable with Galliford Try trading under the name Linden Homes, and the other in Leighton Buzzard with Persimmon.
“In the main, it is first-time buyers using Help To Buy.
“This should be a really exciting moment: getting your first home, often with a family. It is a big investment in your future and this been ruined with all the worries that we have heard about.
“I want to stop the practice of new leasehold houses on freehold land. There is no reason for it.
“We need a speedy an affordable means to get people out of this situation.
“I don’t like developers using their own solicitors as we have heard.
“I raised this with the prime minister a couple of weeks ago and she was very clear saying but there was no reason why a new house should be sold on a leasehold basis.
“I’ve also spoken to the relevant ministers at DCLG making them aware of my views.
“On May 2 I have a meeting with the House Builders Federation in the House of Commons.
“We should not be treating homeowners in this way and I think it is absolutely disgraceful.”