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Committee publication · Correspondence · 12 February 2026

Letter from the Chair to TIME Investments dated 12 February 2026 concerning pre-legislative scrutiny of the draft Commonhold and Leasehold Reform Bill

From: Housing, Communities and Local Government Committee

Inquiry: Pre-legislative scrutiny of the draft Commonhold and Leasehold Reform Bill

Summary

The Housing, Communities and Local Government Committee Chair invites TIME Investments to provide oral evidence on the draft Commonhold and Leasehold Reform Bill during pre-legislative scrutiny. After TIME Investments declined initial attendance, the Chair requests a representative testify on 3 March 2026 alongside the Residential Freehold Association and Grosvenor, seeking institutional investor perspectives on proposed leasehold and commonhold reforms.

Key findings

  • The Committee is conducting pre-legislative scrutiny of the draft Commonhold and Leasehold Reform Bill at Government request
  • TIME Investments initially declined the Committee's invitation to give oral evidence on 3 March 2026
  • The Committee seeks to hear from a wide range of stakeholders including freeholders, leaseholders, and institutional investors
  • TIME Investments, as fund manager for TIME:Freehold, is specifically identified as holding relevant expertise on how proposed legislation may affect institutional investors
  • The Committee requests confirmation of attendance or nomination of an alternative representative by 19 February 2026

Tone

Procedural

Topics

housing-lawleasehold-reformparliamentary-scrutinyproperty-investment

Key actors

Florence Eshalomi MP, Housing, Communities and Local Government Committee, TIME Investments, Nigel Ashfield, Residential Freehold Association, Grosvenor

Notable line

“The Committee is keen to ensure that, as the fund manager for TIME:Freehold, your views are heard publicly.”

Key Quotes

“It is important that the Committee hears from a wide range of stakeholders while undertaking this pre-legislative scrutiny.”
— Florence Eshalomi MP · justifying why institutional investors must be included alongside leaseholders and freeholders
“The Committee is keen to ensure that, as the fund manager for TIME:Freehold, your views are heard publicly.”
— Florence Eshalomi MP · appealing to TIME Investments to attend or send a representative despite initial declination
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Source · parliament.uk record ↗