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United Kingdom · Question · Written question

HL HL313

Leasehold: Older People

answeredUnited Kingdom· UK Parliament· EN

Introduced

13 January 2020

Last action

27 January 2020 · Answer

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Answered

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Discovery layer

Source updated

27 January 2020

Summary

To ask Her Majesty's Government what assessment they have made of the finding by The Times, published on 23 November 2019, of the loss in value of new build retirement homes as a result of ground rent and service charges levied by management companies.

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Timeline

  1. 13 January 2020

    Written question

    To ask Her Majesty's Government what assessment they have made of the finding by The Times, published on 23 November 2019, of the loss in value of new build retirement homes as a result of ground rent and service charges levied by management companies.

    Source: Lords

  2. 27 January 2020

    Answer

    Unfair leasehold practices have no place in a modern housing market. The Government is taking forward a comprehensive programme to reform leasehold. This includes reducing ground rents on future leases to a zero and banning new leasehold houses.The Govern...

    Source: Written answer

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