To ask the Secretary of State for Housing, Communities and Local Government, whether the legislation he plans to bring forward to tackle excessive charges levied on leaseholders will apply to existing arrangements or only to new homes completed after the legislation comes into force.
The Government is committed to leaseholders receiving fair and transparent charges. For this reason, we asked Lord Best and his Property Agent Working Group to consider leasehold service charges. This includes reviewing the standards around the transparency of service charges and other fees and charges, how they are presented to consumers and putting them into a statutory code for managing agents, which will be beneficial to all leaseholders. We expect to receive the Working Group's recommendations this summer and we will respond with our plans later this year.