answer text |
<p>The government remains committed to promoting fairness and transparency for homeowners
and ensuring that consumers are protected from abuse and poor service</p><p>We have
set out a strong package of measures to tackle unfair practices in the leasehold market.
This includes a commitment to bring forward legislation to ban the unjustified use
of leasehold for new houses, reducing future ground rents to zero financial value,
and introducing new rights to challenge fees for freeholders on private and mixed
tenure estates. We are also working with the Law Commission to make buying a freehold
or extending a lease easier, faster, fairer and cheaper, as well as reinvigorating
Commonhold and making Right to Manage easier, to provide greater choice for consumers</p><p>The
government is also working to ensure charges related to leasehold properties are transparent
and communicated effectively and that there is a clear route to challenge or redress
if things go wrong. Last October we established an independent working group chaired
by Lord Best to raise standards across the property sector, which also considered how
fees such as service charges should be presented to consumers. The working group published
its final report to government on 18 July. We are considering the report’s recommendations
and will announce next steps in due course.</p><p>We remain committed to legislating
on leasehold reform as soon as parliamentary time allows.</p>
|
|