Labour responds to CMA action on increasing ground rents for leaseholders
Mike Amesbury MP, Labour’s Shadow Housing Minister, commenting on Competition and Markets Authority action leading to Countryside Properties scrapping increasing ground rents clauses for leaseholders, said:
“Whilst this is a welcome ruling from the CMA it highlights the glaring lack of action from the Government to tackle the leasehold scandal.
“For each year that the Conservatives drag their feet, ever more innocent homeowners are being trapped in feudal leasehold homes, facing extortionate fees, poor service and restrictive contract terms without recourse.
“We cannot wait for the CMA to investigate every abuse of leasehold. The Government must finally bring forward leasehold reform, which has been promised for years.”