Leasehold Reform

Part of 1. Questions to the First Minister – in the Senedd at 1:42 pm on 22 October 2019.

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Photo of Mark Drakeford Mark Drakeford Labour 1:42, 22 October 2019

Well, I entirely agree with the Member there, and he will be pleased, I know, to see that the figures released by the Office for National Statistics show that, in Wales, the proportion of new house sales that were leasehold decreased from 18 per cent in 2017 to 2.6 per cent in 2018,FootnoteLink and we anticipate a further reduction when the figures for 2019 are published. And that is because of an agreement with the volume house builders that no Help to Buy or Wales property development fund houses will be built in future as leasehold homes, and that's a very important advance that we've been able to make in Wales.