Keir Starmer facing pressure from his own MPs to stick to Labour's leasehold reform promise.
Labour's deputy leader Angela Rayner has stepped in to urge Keir Starmer to keep his campaign pledge on capping ground rents for existing leaseholders, as tensions rise within the party over government plans to scrap the leasehold system.
Reform of the feudal leasing system has long been a Labour promise, with the manifesto outlining measures to tackle "unregulated and unaffordable ground rent charges". However, divisions within the cabinet have led to concerns that ministers will back down on this pledge.
Rayner's intervention comes amid reports of fierce lobbying from wealthy investors trying to water down the commitment. Critics argue that capping ground rents could risk a backlash from pension funds and other investors who benefit from the current system.
These investors can enjoy an annual return for doing "absolutely nothing", with no transparency or accountability, leaving families in financial distress. The former deputy prime minister's call for Starmer to stick to his promise comes as government insiders suggest the party leader is due to make a decision on Tuesday.
Labour MPs have been growing increasingly frustrated by the delays, given that an estimated 5m leasehold homes are affected. There are also fears that if the bill is not published soon, momentum will be lost on this critical issue, which has been championed by several MPs, including Ruth Cadbury.
Labour's deputy leader Angela Rayner has stepped in to urge Keir Starmer to keep his campaign pledge on capping ground rents for existing leaseholders, as tensions rise within the party over government plans to scrap the leasehold system.
Reform of the feudal leasing system has long been a Labour promise, with the manifesto outlining measures to tackle "unregulated and unaffordable ground rent charges". However, divisions within the cabinet have led to concerns that ministers will back down on this pledge.
Rayner's intervention comes amid reports of fierce lobbying from wealthy investors trying to water down the commitment. Critics argue that capping ground rents could risk a backlash from pension funds and other investors who benefit from the current system.
These investors can enjoy an annual return for doing "absolutely nothing", with no transparency or accountability, leaving families in financial distress. The former deputy prime minister's call for Starmer to stick to his promise comes as government insiders suggest the party leader is due to make a decision on Tuesday.
Labour MPs have been growing increasingly frustrated by the delays, given that an estimated 5m leasehold homes are affected. There are also fears that if the bill is not published soon, momentum will be lost on this critical issue, which has been championed by several MPs, including Ruth Cadbury.