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>
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>
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>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4053", "label" : {"_value" : "Biography information for Mrs Heather Wheeler"} } , "answeringMemberConstituency" : {"_value" : "South Derbyshire"} , "answeringMemberPrinted" : {"_value" : "Mrs Heather Wheeler"} , "dateOfAnswer" : {"_value" : "2019-07-25", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "280377"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-07-25T07:15:54.3Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "7"} , "answeringDeptShortName" : {"_value" : "Housing, Communities and Local Government"} , "answeringDeptSortName" : {"_value" : "Housing, Communities and Local Government"} , "date" : {"_value" : "2019-07-22", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Freehold"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4662", "label" : {"_value" : "Biography information for Ruth George"} } , "tablingMemberConstituency" : {"_value" : "High Peak"} , "tablingMemberPrinted" : [{"_value" : "Ruth George"} ], "uin" : "280378"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }