On the final day of Parliament before the summer recess, the Select Committee which oversees the work of the Ministry of Housing Communities and Local Government launched their investigation into leasehold reform.
Select Committee Chair Clive Betts MP said “With around four million leasehold homes in England, they make up a significant part of the private home ownership sector. We’ve heard however that leaseholders often come up against significant issues which affect their rights, from high service charges with a lack of transparency through to excessive ground rents and barriers to buying freeholds. The Government has said it is committed to various reforms to tackle some of the troubling practices in the sector. As a Committee, we will want to examine the effectiveness of the existing proposals, find out what more needs to be done to boost confidence in the system and ensure fairness for both existing and future leaseholders.”
The committee would like input on three issues:
- The adequacy of the Government’s programme of work on residential leasehold reform, including (a) its application to existing leaseholders in both houses and flats and (b) whether further reforms should be introduced;
- What support and government intervention can be provided to existing leaseholders, in both houses and flats, affected by onerous leasehold terms; and
- What are the implications of providing such support and government intervention to these existing leaseholders.
All submissions must be made by the 7th September 2018
Comments should be sent in via this form
Things have come a long way since LKP first stood outside the window telling everyone that the leasehold system broken while the sector and officials were telling Ministers that what we already had was “mostly working well” and that they need to “keep the balance between the interests of leaseholders and landlords” .
So much has changed but at the same time so little has changed.