We can't abolish leasehold outright, housing minister says
The housing minister, Matthew Pennycook, stated that the immediate abolition of the leasehold system in England and Wales is not feasible, despite Labour's election promise to end it, emphasizing a gradual approach through reform. The government plans to dismantle leasehold by banning new leasehold flats, capping ground rents, and making it easier to convert to commonhold. Critics, including campaign groups and opposition parties, argue the government is delaying action and failing to meet its commitments to leaseholders.
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We can't abolish leasehold outright, minister says4 hours agoShareSaveAdd as preferred on GoogleBecky MortonPolitical reporterGetty ImagesThe outright and immediate abolition of the leasehold system in England and Wales would be "almost certainly impossible", the housing minister has said.In Labour's 2024 general election manifesto, the party promised to "finally bring the feudal leasehold system to an end".In a speech, Matthew Pennycook said this meant the government would "dismantle" the system before the next election by making it easier for leaseholders to gain control of their buildings, but that leasehold would not disappear overnight.Critics have accused the government of dragging its feet on leasehold reform and rowing back on Labour's election promises.However, in a speech at the…
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