Matthew Pennycook

Matthew Pennycook

Labour — Greenwich and Woolwich

Speaking in the House of Commons on 20 January 2025

Debate

Leasehold Reform

Contribution

I fully appreciate the desire of my hon. Friend’s constituents to take advantage of the provisions in the 2024 Act that will make it cheaper and easier for existing leaseholders in houses and flats to buy their freehold. Unfortunately, we discovered on assuming office that the previous Government had passed the Act with a number of specific but serious flaws that prevent certain provisions, including those relating to enfranchisement valuations, from operating as intended. We need to fix those flaws through primary legislation, and we intend to do so at the earliest possible opportunity.

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