Thank you very much. Fifty-seven per cent of leaseholders regret that they've bought leasehold properties, and this is far too high a figure, and is unacceptable, of course. These issues of concern include the burdensome rent issues that turn to be unaffordable and can make it very difficult to sell on the property, and other payments for consent to adapt the property, and permission to sell, can add to costs.

In remembering the complexity of the system and individual leasehold transactions, many leaseholders will have been entirely reliant on their legal adviser for any concerns before buying property, and it's possible that some leaseholders—possibly very many of them—didn't realise exactly what they were signing up to. Therefore, the intention in the Bill to place a duty on agents to provide information about the implications of leasehold is very valuable and something I agree entirely with.

The Research Service at the Assembly has carried out an analysis of the data of the Land Registry, and has noted that Wales has certain areas where there are many new homes being sold on leasehold. Many of those areas are in north Wales, with Aberconwy, Clwyd west, Wrexham and Delyn at the top of the table in terms of the number of properties sold as leaseholds. The new Bill would, of course, mean that planning applications for new housing under leasehold would be rejected, and that is something that I am supportive of.

There could be exceptional circumstances, of course. I can't personally think of any such circumstances where new leasehold homes should be allowed, but that is something that should be given consideration as scrutiny is undertaken on the Bill, in case there are some unintended consequences as a result of that. But with that word of warning, I congratulate you on bringing this issue forward, and I look forward to seeing the Bill proceed.