The Government plans powers to cap leasehold permission and administration fees, while a future property-agent regulator would require licences and qualifications.
The government says flat landlords, leaseholders and shared owners will start seeing new service charge forms and information rights during 2027, with the first legal changes due before Parliament later this year.
The gap between UK house prices and flat prices has widened to its biggest level on record, with the average house now costing 1.7 times…
Housing minister Matthew Pennycook has ruled out any immediate abolition of leasehold, saying an overnight switch for millions of homes would be legally and practically…
Shared ownership – now the largest government-supported homeownership scheme for new buyers – is poorly understood by those who use it, with service charges rising…
Flat leaseholders in England and Wales now pay an average service charge of £2,405 a year – £200 a month – for the first time,…
Leasehold restrictions are deterring landlords from buying and improving flats, with nearly half reporting that service charges, communal repair delays and lack of decision-making power…
