Labour MP for Ellesmere Port & Neston, Justin Madders has delayed the second reading of the Leasehold Reform Bill until October 26 2018.
The Bill seeks to introduce a statutory formula for enfranchisement and lease extension similar to schemes in Northern Ireland and Scotland.
It will end the incessant game-playing and revenues from the lease extension racket.
The change in law is all the more important following the defeat last month of the Mundy case in the Court of Appeal.
It rejected the leaseholder-friendly Parthenia model, championed by chartered surveyor James Wyatt.
The case revealed the flaws in existing models – commissioned by the country’s most powerful freeholders – but failed to persuade the court to accept Parthenia.
Justin Madders, who is deputy chair of the APPG on leasehold reform, said: “I was very pleased to see the Government agree with my proposal to look at introducing a straightforward and inexpensive system for purchasing the freehold of properties. If they get this right, it could enable tens of thousands of people to escape from the leasehold trap.
“The Government has now asked the Law Commission to devise such a scheme and to report back by the summer, so I am delaying the next stage of my Bill until after that process has taken place. I have had positive conversations with the Housing Minister about the other steps that I am calling on the Government to take and I hope that they will use this opportunity to do what is right.
“As it stood, my Bill was seventh on the Order Paper on the 2nd February, so in reality it stood no real chance of being debated. I hope that in the months ahead, the Government will be prepared to work with me on developing a law, with cross-party support that can deliver the changes required.
“The Bill has a much better chance of being debated in October and by this time the law commission are expected to have reported back. If their recommendations are broadly in line with the proposals in my Bill then we stand a much better chance of getting the Government to endorse it.”