Leasehold Properties: Managing Agents Debate
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Lord Hunt of Kings Heath
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Leasehold Properties: Managing Agents
Lord Hunt of Kings Heath Excerpts(1 year, 4 months ago)
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Baroness Scott of Bybrook (Con)
The noble Baroness is absolutely right: leaseholders need that transparency to better understand what they are paying for and for it to be harder for landlords to hide any unreasonable charges. As I said, we are looking at it. We will bring forward legislation later in this Parliament.
Lord Hunt of Kings Heath (Lab)
My Lords, on that very important point, does the Minister envisage that the outcome of this will be models to insist that agents set out information in a way that is very simple and easy to understand? Unless we have that, it will be so easy for agents to hide behind the jargon used in the industry about what exactly service charges cover.