I absolutely agree. My distress is even greater after hearing about that situation; action like that will cause great distress across the country. As I say, I cannot believe that any organisation to whom leases have been sold on, these leaseholders, asset classes, or any pension fund that has got involved in investing in them, would not have made a reasonable assessment of the political risk involved. It is clearly unjust. I cannot imagine any colleague from any party standing up to defend the kind of constituency examples that have been shared in today’s debate.
The time is clearly ripe for action, and there is clearly a consensus for strong action. My only plea to the Minister would be this: for many constituents, this matter is urgent. It is blighting their lives and affecting their quality of life. It is clearly affecting the liquidity of the housing market, and whether people can make reasonable decisions about their households going forward. We need the action to be as swift as possible. Clearly, it is not straightforward and there are issues to resolve, but I cannot believe that anyone who has listened to today’s debate, or others that have taken place, would not agree that there is consensus for political action. Please, Minister—let us get on with that as soon as possible.
3.08 pm