HCLG Committee Chair comments on government response to leasehold report
Wednesday, 3 July 2019 19:30
The Government has published its response to the Housing,
Communities and Local Government Committee’s report into leasehold
reform. Government response...Request free trial
The Government has published its response to the Housing,
Communities and Local Government Committee’s report into
leasehold reform.
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Government response
available here
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Further information about the HCLG
Cttee’s leasehold reform
report here
Chair of the HCLG Committee, commented:
“Our report into Leasehold Reform set out
the serious imbalance against
leaseholders in the current system. We
are pleased that the Government has
recognised this and has accepted many of
our recommendations, including to cap
future ground rents at zero financial
value. However, much more needs to be
done for those leaseholders already
subject to onerous terms, such as
escalating ground rents and permission
fees.
"We are pleased that the CMA accepted our
call for an investigation into the
sector, but we believe that the
Government need to do more to intervene
on behalf of leaseholders who continue to
be trapped in leasehold properties they
cannot re-mortgage or sell.”
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