Leaseholders: Management Companies - Question

Part of the debate – in the House of Lords at 3:11 pm on 20 May 2024.

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Photo of Baroness Scott of Bybrook Baroness Scott of Bybrook Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities) 3:11, 20 May 2024

My Lords, the Leasehold and Freehold Reform Bill makes it cheaper and easier for leaseholders to buy their freehold or exercise the right to manage, allowing them to take over management of their buildings themselves and directly appoint or replace agents. Of course, Section 24 of the Landlord and Tenant Act 1987 allows leaseholders to apply to a tribunal to appoint an alternative property manager if there has been significant management failure.