Florence Eshalomi

I hope the Select Committee is going very well. The hon. Gentleman will know that this is an issue that we championed on the Committee to the point that, if he recalls, in many senses I harassed the former Prime Minister and the Minister for Housing, saying “When will we see the Bill? The Bill has to come before the House. It is an issue that comes into many parliamentarians’ inboxes, it is a cross-party issue and we want to see the Government act on that and make good on that commitment.” I want to highlight that there are many good managing agents out there. This is not about saying that the issue of managing agents is all bad. There are good ones who are responsible, who respond on time and who are responsible for providing safe and secure homes for their residents. However, we know that far too often, the poor and unscrupulous managing agents let the sector down. Managing agents play an important role in the maintenance of a wide range of multi-occupancy buildings and freehold estates. Their importance will only increase as we transition towards a commonhold future, so it is essential that we take action to drive up the standards within the sector. As the hon. Member for North Dorset and other hon. Members will know, the previous Government committed to regulating managing agents in 2018 and asked a working group chaired by Lord Best to advise them on how to do that. Yet, they failed to respond to the group’s final report, which was published in July 2019. We have moved on from that. It is about how we now take those recommendations and bring an outcome for so many people, and the Government are ready to take forward a number of those recommendations. The retirement sector has some specific arrangements in place. Many retirement housing managing agents already operate under the Association of Retirement Housing Managers’ code of practice, which sets the standards on transparency and complaints handling, but as we have heard this evening that does not seem to be working and it is about how we ensure that we are enforcing some of those key areas. Elsewhere in the sector, similar consumer protection standards are promoted through the Associated Retirement Community Operators’ consumer code for its members. I stress again: we recognise the concerns that remain in parts of the sector and are considering how we can protect consumers and residents to strengthen that and have a consistent approach. In the recent consultation on strengthening leaseholder protections over charges and services, we consulted on powers to appoint a manager or to replace a managing agent, as well as on mandatory professional qualifications for managing agents in England. The Government will consult on the introduction of qualifications for estate and letting agents next year. We have also made it clear that we plan to introduce a code of practice this year setting out the minimum standards expected of all residential property agents. This includes estate, letting and managing agents. The Government are considering Lord Best’s report in full, and we will set out our overarching position on the regulation of estate, letting and managing agents in due course, but this has to come at a timely pace.