Leasehold: Fees and Charges
The question
To ask the Secretary of State for Housing, Communities and Local Government, if he will make an assessment of the potential merits of further regulation of funds by (a) developers and (b) building owners for leaseholders.
Answered by Matthew Pennycook
The government intends to 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.
This includes measures designed to drive up the transparency of service charges to make them more easily challengeable if leaseholders consider them to be unreasonable.
Further detail can be found in the Written Ministerial Statement published on Thursday 21 November 2024 (HCWS244).
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