(1 week, 6 days ago)
Commons ChamberI fully appreciate the desire of my hon. Friend’s constituents to take advantage of the provisions in the 2024 Act that will make it cheaper and easier for existing leaseholders in houses and flats to buy their freehold. Unfortunately, we discovered on assuming office that the previous Government had passed the Act with a number of specific but serious flaws that prevent certain provisions, including those relating to enfranchisement valuations, from operating as intended. We need to fix those flaws through primary legislation, and we intend to do so at the earliest possible opportunity.
Earlier this month, together with about 40 Labour MPs, I met the managing director of FirstPort. I raised the case of 90-year-old Tom, who lives in a retirement complex in Bingley in my constituency. Like many of the residents whose stories we shared, he has been hit by extortionate service charges that have risen way above inflation. Does the Minister agree that stronger regulation of managing agents is needed to protect pensioners like Tom and others in leasehold flats from unaffordable housing costs?
We are very much aware that some managing agents provide a very poor quality of service to people like Tom and leaseholders across the country. Managing agents play a key role in the maintenance of multi-occupancy buildings and freehold estates, and their importance will only grow as we transition towards a commonhold future. As such, we have made it clear that we will strengthen the regulation of managing agents to drive up the standard of their service, and we are considering carefully the recommendations made in Lord Best’s 2019 report on regulating the property agent sector.
(5 months ago)
Commons ChamberIt sounds as if the hon. Lady has a response for the NPPF consultation that is in development. I welcome her views on playing fields. On CPOs, there is a discretionary power to disapply section 17 of the Land Compensation Act 1961 in relation to hope value. We need to ensure that that is brought into force; then we will take further steps to reform CPOs, as outlined in our manifesto.
The last Government made local councils compete for pots of money. Bingley pool in my constituency was due to receive a levelling-up award. Those funds are vital for the regeneration of our towns. Can my hon. Friend update the House on the review of those awards, and on the timescale for informing communities such as mine, who have been let down by the Conservatives’ unfunded promises, of the results?