questionText: To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of the adequacy of consumer protections for leaseholders undertaking informal lease extensions, in the context of the (a) absence of specialist qualification requirements for solicitors handling such transactions, (b) exclusion of lease extension advice from Financial Conduct Authority regulation and (c) lack of price controls in the informal extension process.
answerText: My Department has considered the adequacy of consumer protections for leaseholders undertaking informal lease extensions as part of the wider package of leasehold reform. The Leasehold Reform (Ground Rent) Act 2022 already provides some protections by res...
heading: Leasehold