Oral Answers to Questions
Debate between Matthew Pennycook and Lincoln Jopp(1 day, 12 hours ago)
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The Minister for Housing and Planning (Matthew Pennycook)
The Government recognise the considerable financial strain that rising service charges are placing on leaseholders. That is why we intend to consult on the Leasehold and Freehold Reform Act 2024’s provisions on service charges and bring them into force as quickly as possible thereafter. This year, we will also consult on strengthening the regulation of managing agents, including, as a minimum, introducing mandatory professional qualifications to set a new basic standard that managing agents will be required to meet.
Lincoln Jopp
On Friday, I met with Jacqui, Gary and Simon in Fairwater Drive in my Spelthorne constituency. Jacqui’s service charge is going up from £1,500 a year to £4,800. I sat down and had a look at the bills, and they are without any itemisation, so it is impossible to know where to start with the property manager. The Minister wrote in response to a recent written question:
“We will set out our full position on regulation of estate, letting and managing agents in due course.”
Can he give some reassurance to Jacqui, Gary and Simon that their interests will not be put on to the back-burner and suggest when “in due course” might be?