Particle.news
Download on the App Store

Labour Says Leasehold Ban Will Not Start This Parliament as Reforms Could Slip to the 2030s

Ministers say the switch to commonhold must be staged to avoid unlawful change, mortgage shocks and Land Registry backlogs.

Overview

  • Housing minister Matthew Pennycook said it is highly likely the planned ban on selling new leasehold flats will not be switched on in this Parliament.
  • He signalled that key measures such as the £250 annual ground rent cap could begin later than first promised because the 260‑clause bill is too complex to rush.
  • Pennycook cited legal limits, risks to the mortgage market and the task of converting millions of property titles at the Land Registry as reasons for a slower start.
  • Freeholders lost an initial High Court challenge to the reforms but won the right to appeal, keeping a live legal dispute over the package.
  • Leaseholder groups warn delays are piling costs onto owners, with one London flat’s ground rent set to jump to £1,500 in 2029, even as some developers start planning commonhold blocks.