Leasehold Reform Bill Faces Backlash for Failing to Meet Promises

Critics argue the bill falls short of Conservative election pledges, failing to fully address leasehold issues and 'fleecehold' agreements.

The Leasehold and Freehold Reform Bill is criticized for not banning new leasehold flats, which constitute 70% of affected properties.
Labour and Tory MPs, along with Boris Johnson allies, accuse the government of backtracking on leasehold reform promises.
Nearly 50 Conservative MPs demand an end to 'fleecehold' agreements, where freehold buyers are forced into expensive service charges.
The bill's failure to address 'forfeiture' and reduce leasehold rents has sparked widespread condemnation.
The government insists on its commitment to commonhold reform as a long-term replacement for leaseholds.