Question to the Ministry of Housing, Communities and Local Government:
To ask His Majesty's Government what assessment they have made of whether regulation of property managers in the private sector would improve standards.
There is a strong case for greater regulation of managing agents. Too many leaseholders suffer from poor quality services and abuse at the hands of unscrupulous agents, and management of some buildings has become a more complex operation. As set out in the Written Ministerial Statement of 21 November 2024, the Government will therefore strengthen regulation of managing agents to drive up the standard of their service. As a minimum, this should include mandatory professional qualifications which set a new basic standard that managing agents will be required to meet. We will consult on this matter next year.