Newsgather

housing supply

Steady8 stories5 sourcesLast updated: 1h ago

Latest Stories

Ban on new leasehold properties unlikely until after next election, housing minister says
Developing
Politics·4/29/2026AI summary

Ban on new leasehold properties unlikely until after next election, housing minister says

Housing minister Matthew Pennycook has said a ban on new leasehold properties is unlikely to come into force until after the next election, despite the 2024 ban on leaseholds for new houses. The government plans to ban new flat leaseholds soon but says switching on the ban involves complex trade-offs with housing supply. The Green party's Zack Polanski has accused the government of U-turning on its election pledge, while campaign group Free Leaseholders warned that developer incentives to sell leasehold flats will worsen the housing crisis.

G
Guardian Business
Ban on new leasehold properties unlikely before next election, housing minister says
Developing
Politics·4/29/2026AI summary

Ban on new leasehold properties unlikely before next election, housing minister says

Housing minister Matthew Pennycook has said a ban on new leasehold properties in England and Wales is unlikely to come into force before the next election, despite the 2024 legislation passing. Defending the government's gradual approach, Pennycook cited complex trade-offs with housing supply and legal complexities. The government plans to have primary legislation in place but will carefully time the ban's commencement through ongoing consultation. The Green party has accused the government of u-turning on its election pledge, while campaign groups criticize the foot-dragging.

G
Guardian UK