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NICK RAYNSFORD ASKS: WHERE IS THE COMMONHOLD BILL?

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The absence of any reference in the Queen's speech to a bill to introduce the new tenure of commonhold is yet furth...
The absence of any reference in the Queen's speech to a bill to introduce the new tenure of commonhold is yet further evidence of the Tory government's betrayal of leaseholders' interests, said shadow housing minister Nick Raynsford today.

'A commonhold bill had been widely expected to be introduced in the coming session of parliament. The government issued a draft bill and consultation paper in July this year foreshadowing new legislation. The introduction to that consultation paper acknowledged the 'deficiency in the structure of property law in England and Wales ... in that it does not provide an adequate system for the ownership of freehold flats'.

'There is a large measure of agreement on the need for commonhold to make good this deficiency. Labour has advocated it for several years. The Tories first published a consultation on commonhold as long ago as 1990, and included a pledge in their last election manifesto to introduce commonhold. This is yet one more broken Tory promise.

'Previous Tory promises to help leaseholders have all been broken because of the government's unwillingness to offend its paymasters. The Tory reluctance to reform the unsatisfactory existing legal framework for flatowners is a further surrender to the interests of the big landowners who bankroll the Tory party.'

LGCNet will on request fax subscribers with the full version of Mr Raynsford's briefing for MPs. Tel 0171 833 7324.
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