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Written question asked by Gareth Bacon (Conservative) on Tuesday, 16 June 2026, in the House of Commons. It was due for an answer on Tuesday, 23 June 2026 (named day). It was answered by Matthew Pennycook (Labour) on Tuesday, 23 June 2026 on behalf of the Ministry of Housing, Communities and Local Government.

Freehold: Insolvency

Question

To ask the Secretary of State for Housing, Communities and Local Government, what assessment his Department has made of the potential risk that proposals to cap ground rents could contribute to freeholder insolvencies.

Answer

I refer the hon. Member to the Written Ministerial Statement made on 27 January 2026 (HCWS1278) and to Annex 5 of the Impact Assessment for the draft Commonhold and Leasehold Reform Bill which can be found here.

The government is investing £5.2 billion to remove unsafe cladding, with industry funding the remainder through measures including the building safety levy.

Secondary information

Type
Written question
Reference
10231
Session
2026-27
Grouped for answer
Yes
Subjects
Insolvency Freehold Ground rent
Link
View this Written question on www.parliament.uk