“If he will make a statement on his departmental responsibilities.”
Asked by
Chris Elmore
Answering Minister
the Secretary of State for Business, Energy and Industrial Strategy
Answer from Hansard
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.