Absolutely. My hon. Friend makes a really good point. People are trapped in this situation, because we all know that when we look to buy a home, we look at the overheads, and the ongoing service charges, ground rents and other costs. In recent years, those things have rightly been added to the affordability criteria, so people often cannot get a mortgage for these homes. That leaves the people living in them trapped in that situation with an unsellable home.
Leasehold Reform (Ground Rent) Bill [Lords]
Proceeding contribution from
Lucy Powell
(Labour)
in the House of Commons on Monday, 29 November 2021.
It occurred during Debate on bills on Leasehold Reform (Ground Rent) Bill [Lords].
Type
Proceeding contribution
Reference
704 c710 
Session
2021-22
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2021-12-01 09:25:19 +0000
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