Leasehold

Ministry of Housing, Communities and Local Government written question – answered at on 17 March 2020.

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Photo of Luke Evans Luke Evans Conservative, Bosworth

To ask the Secretary of State for Housing, Communities and Local Government, what steps his Department is taking to ensure that permission fees and service charges are clearly explained to prospective leaseholders.

Photo of Luke Evans Luke Evans Conservative, Bosworth

To ask the Secretary of State for Housing, Communities and Local Government, what steps he is taking to ensure the clear explanation of ground rent fees to prospective leaseholders.

Photo of Luke Hall Luke Hall Parliamentary Under-Secretary (Housing, Communities and Local Government)

The Government is clear that prospective home buyers should have access to clear and accurate information on potential fees and charges. Individuals selling a leasehold property provide a ‘Leasehold Information Pack’ about their property to prospective purchasers and this contains information relating to the property, including on ground rents and service charges.

The Government has committed to introducing legislation to stop freeholders and managing agents from taking as long as they like and charging what they like for this information by ensuring these packs are provided to a fixed cost and timetable.

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