
Leasehold ban in England and Wales unlikely before next general election, minister says
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Housing Minister Matthew Pennycook has stated that a ban on new leasehold properties in England and Wales is unlikely to be implemented before the next general election. He emphasized the need for a gradual approach to avoid negative impacts on housing supply and potential legal issues. Although a ban on leaseholds for new houses was enacted in 2024, the implementation for new flats remains pending.
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The leasehold system has faced criticism for creating financial burdens on homeowners, prompting calls for reform. The government's piecemeal approach has been met with skepticism, as stakeholders await comprehensive changes that could enhance property ownership rights.
This article reflects the views and statements of government officials and may be subject to change as political circumstances evolve.
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