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Leaseholders to Get Rights to More Easily Challenge Extortionate Service Charges

  • Housing Minister Matthew Pennycook announced reforms to regulate managing agents and help leaseholders more easily challenge excessive service charges.
  • These reforms follow longstanding issues of high, unclear service charges and the complexity of leasehold arrangements trapping many homeowners financially.
  • Key measures include requiring managing agents to be professionally qualified, providing standardized service charge documentation, and stopping leaseholders paying landlords’ legal fees when they win disputes.
  • Justin Young, RICS Chief Executive, stated the reforms aim to "raise standards and improve transparency" and empower leaseholders against poor practice in property management.
  • The reforms mark a significant step toward ending exploitative leasehold practices and improving housing security, though broader changes will need further legislation over time.
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Property Industry Eye broke the news in on Tuesday, July 1, 2025.
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