Contributions
2,441 recent contributions in Hansard
HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q 281 Chair, may I just declare, for reasons of completeness, that my wife is the joint chief executive of the Law Commission, whose work we continue to cite on a regular basis?…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)They can be far more punitive. Paul Broadhead: They can be, absolutely, with where RPI is. It is really difficult to predict. Some ground rents can grow very rapidly, which puts…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q Giles, thank you for giving up your time to come and speak to us. I want to follow up on Mike’s and Andy’s questions. You may have said everything you can say about what you…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)Q Just on whether we should require freeholders to have standardised information at the point of purchase. Ms Paula Higgins: Even though estate agents are supposed to provide…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q Just briefly while we are on that, have you got any sense of whether your members are complying, or are prepared to comply, with the new FCA rules that are coming into force at…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q Mr Spearman, thank you for coming to give evidence to us. The Government’s 2017 consultation on tackling unfair practices in the leasehold market, which I think attracted more…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)That is all extremely helpful. Thank you very much.18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q That is extremely useful. I wish that we had you both for more than half an hour. I have one quick final question on the abolition of forfeiture. Would you agree that we should…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q I will quickly come to that, but do have anything to add in relation to clause 59, Mr Rainey? Philip Rainey: I agree that forfeiture for non-payment of a rentcharge on an…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)Q Thank you, Mr Broadhead, for coming to give us evidence. I have a very specific question about something that was briefly raised on Tuesday but that has not been explored in…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q That is very clear and very useful. I have a second question, relating to clause 59, which concerns regulation of remedies for arrears of rentcharges. Do you agree with my view…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)Q To be clear, I agree with you on managing agents; I am talking about the regulation of private estates. The Bill provides for a new regulatory regime for private estates, which…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q My question is: why do you not think that the valuation method in here is full market value? Philip Freedman: Because the suggested notional capping of ground rent at 0.1%, in…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q Gentlemen, in our evidence sessions so far, we have had very wide-ranging discussions —let me put it that way—not just about the principle of the Bill but about property rights,…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Fourth sitting)Q Is it fair to say that with this legislation, we should look, where possible, to remove instances of where a leaseholder has to go to tribunal at all? In other words, if we…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)My wife is the joint chief executive of the Law Commission, whose work on leasehold reform we have regularly touched upon.18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)Q Have you explored any quick fixes for what we might look to persuade the Government to incorporate? Sue Phillips: The problem with looking for quick fixes is that shared…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)Q Two quick questions while I have got you here—on slightly different subjects. The first relates to the purchasing of a lease initially. In its 2018 consultation on implementing…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)Q I am trying to adjust my questions to your areas of expertise, but I am trying to focus on the Bill rather than abstract discussions about regulatory systems and what we might…18 Jan 2024HANSARDLeasehold and Freehold Reform Bill (Third sitting)Q My last question relates to ground rents. Clause 21 gives effect to schedule 7, which provides leaseholders with a right to permanently replace their ground rent with a…18 Jan 2024