(3 days, 18 hours ago)
Commons ChamberBy the end of this Parliament, this Labour Government will have finally brought the feudal leasehold system to an end. On 21 November, I made a detailed written ministerial statement setting out how the Government intend to honour that manifesto commitment, including the steps we will take to implement reforms to the system already in statute.
Every week my constituents in Poole, many of whom are retired, contact me with their concerns about the leasehold properties they live in. They are worried about excessive service charges, unfair ground rent, and exit and event fees. Can the Minister reassure them and me that the Government will tackle those problems once and for all, and will do so as a matter of priority?
I sympathise with the plight of my hon. Friend’s constituents. With regard to service charges in particular, we know that opaque and unaffordable charges are putting leaseholders and tenants across the country under immense strain. The Government are committed to improving service charge transparency and making it easier to challenge unreasonable increases. In the coming months, we intend to consult on how the provisions in the Leasehold and Freehold Reform Act 2024 relating to service charges and legal costs should be enacted, with a view to bringing those measures into force as quickly as possible thereafter.