§ 45. Sir WILLIAM SEAGERasked the Prime Minister whether he is aware that large numbers of property owners in the United Kingdom are desirous of owning the land on which the houses they have already purchased are built; will he at an early date introduce a Bill for the enfranchisement of leaseholds; and is he aware of the desire on the part of leaseholders for a method enacted by law enabling them to purchase the land at a fair price on which their dwellings are built?
§ Mr. BONAR LAW (Leader of the House)The matter to which the hon. Member draws attention is only a part of a much larger question involving a general consideration of the law of real property. This larger question is and has for some time been under the consideration of the Government.
§ Sir W. SEAGERIs the right hon. Gentleman aware that in the city of Cardiff leases are falling in on which the original ground rent was £5, and the ground landlord now demands £400, and payment of Reversion Duty of £1,500 or £2,000?
§ Mr. BONAR LAWI am not at all aware of those facts, but as I have already said, the subject is being considered.