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1140848

registered interest
date	22/07/2019
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Freehold
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, with reference to the press release entitled, Leasehold axed for all new houses in move to place fairness at heart of housing market, published by his Department on 27 June 2019, what estimate he has made of the number of house buyers that were subject to the sale of their freehold before they had bought their homes.
tabling member constituency	High Peak
tabling member printed	Ruth George
uin	280377
answer	answer is ministerial correction date of answer 25/07/2019 answer text <p>The Department has no data on the number of house buyers who were interested in or offered the opportunity to buy the freehold of their property at the point of purchase.</p><p>The Competition and Markets Authority (CMA) is investigating the extent of any mis-selling of leasehold properties, using its consumer protection powers and will consider whether to bring forward enforcement proceedings.</p><p>The Government is working with the Law Commission to make it easier, faster and cheaper for leaseholders to purchase their freehold. As part of this project, the Law Commission are considering how best to reduce the premium for purchasing a freehold, given the legitimate property rights held by freeholders.</p> answering member constituency South Derbyshire answering member printed Mrs Heather Wheeler grouped question UIN 280378 question first answered 25/07/2019 07:15:54 answering member 4053 label Biography information for Mrs Heather Wheeler
tabling member	4662 label Biography information for Ruth George

1140849

registered interest
date	22/07/2019
answering body	Ministry of Housing, Communities and Local Government
answering dept id	7
answering dept short name	Housing, Communities and Local Government
answering dept sort name	Housing, Communities and Local Government
hansard heading	Freehold
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Housing, Communities and Local Government, how buyers that expressed an intention to purchase their freeholds to the developer pre-contract will receive their freeholds for no cost through redress with the developer.
tabling member constituency	High Peak
tabling member printed	Ruth George
uin	280378
answer	answer is ministerial correction date of answer 25/07/2019 answer text <p>The Department has no data on the number of house buyers who were interested in or offered the opportunity to buy the freehold of their property at the point of purchase.</p><p>The Competition and Markets Authority (CMA) is investigating the extent of any mis-selling of leasehold properties, using its consumer protection powers and will consider whether to bring forward enforcement proceedings.</p><p>The Government is working with the Law Commission to make it easier, faster and cheaper for leaseholders to purchase their freehold. As part of this project, the Law Commission are considering how best to reduce the premium for purchasing a freehold, given the legitimate property rights held by freeholders.</p> answering member constituency South Derbyshire answering member printed Mrs Heather Wheeler grouped question UIN 280377 question first answered 25/07/2019 07:15:54 answering member 4053 label Biography information for Mrs Heather Wheeler
tabling member	4662 label Biography information for Ruth George