Regulate Residential Flat Block Management Practices
The government should regulate residential block management by capping fees, requiring transparency, allowing monthly payments without penalties, mandating resident meetings, and enforcing accountability to protect leaseholders from exploitation and ensure fair practices.
Signatures
14
signatures
Government response threshold (10,000) · 14/10,000
Debate threshold (100,000) · 14/100,000
- 20 MAR 2025Petition rejectedduplicate
You may wish to sign the following petition, which calls for similar action: Cap all property management fees and service charges https://petition.parliament.uk/petitions/700308
- 26 JAN 2025Petition created
Background
Government oversight is essential to ensure fairness in residential block management. Many companies inflate fees, add unfair markups, and avoid accountability, leaving residents powerless to challenge them. Regulations can cap charges, allow monthly payments, and require resident meetings, protecting leaseholders from exploitation and ensuring transparency in the system.
Also if Leaseholders want to change the Management Company often they are not allowed or locked in for years. Delaying Sales