Leasehold: Property Management Companies

Ministry of Housing, Communities and Local Government written question – answered at on 9 September 2024.

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Photo of Andrew Rosindell Andrew Rosindell Conservative, Romford

To ask the Secretary of State for Housing, Communities and Local Government, what steps her Department is taking to regulate services provided by management agencies to leaseholders.

Photo of Richard Holden Richard Holden Conservative, Basildon and Billericay

To ask the Secretary of State for Housing, Communities and Local Government, what plans she has to reform the leasehold system for residential property; and whether she has a planned timetable for such reforms.

Photo of Andrew Cooper Andrew Cooper Labour, Mid Cheshire

To ask the Secretary of State for Housing, Communities and Local Government, what assessment she has made of the potential merits of abolishing leaseholds for existing homeowners.

Photo of Matthew Pennycook Matthew Pennycook Minister of State (Housing, Communities and Local Government)

The Government will act quickly to provide homeowners with greater rights, powers, and protections over their homes by implementing the provisions of the Leasehold and Freehold Reform Act 2024, including those designed to increase service charge transparency.

Over the course of this Parliament, the Government will further reform the leasehold system. We will enact remaining Law Commission recommendations relating to enfranchisement and the Right to Manage, tackle unregulated and unaffordable ground rents, reinvigorate commonhold through a comprehensive new legal framework, and ban the sale of new leasehold flats so commonhold becomes the default tenure.

The Government has made clear it intends to publish draft legislation on leasehold and commonhold reform in this session so that it may be subject to broad consultation and additional parliamentary scrutiny. We will announce further details in due course.

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