The Government’s flagship Leasehold and Freehold Reform Bill includes many important changes to law. This legislation will, at a stroke, make it cheaper and easier for more leaseholders to extend their lease, buy their freehold, and take over management of their building. I know that this Bill addresses the frustrations of the many leaseholders in my constituency and for this reason, I was keen to speak in this Bill’s Second Reading in the House today.
Beginning my remarks, I thanked two constituents in particular who have faced an uphill battle when supporting their communities. Suzy Killip from the Pembroke Park Residents Association and Jo Tapper at The Sigers have both championed their communities throughout my time as the local MP, and I want to continue supporting them over the coming years.
In my brief remarks, I focused on both the implications of the legislation and the challenges faced by constituents like Suzy and Jo. Drawing on my experience both from my career as a financial advisor and as a local councillor, seeing new developments reach completion and the problems faced by those who feel trapped in a problematic leasehold.
I strongly support this important Bill and I know that provisions within the Bill will protect many of my constituents who feel ripped off.