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Permitted Insurance Fees will mean significant changes for leasehold agents
The Ministry of Housing, Communities and Local Government (MHCLG) and the Welsh Government seek agents’ views on proposals to limit the building insurance charges that freeholders, property managing agents and landlords can ask leaseholders to pay. There are long-standing concerns about unjustified and unfair fees which leaseholders are unable to properly scrutinise and challenge.
Propertymark influences leading UK Government taskforce
The Older People’s Housing Taskforce has published a final report which includes many recommendations made by Propertymark. We met with the taskforce chair, Professor Julienne Meyer, and responded to the consultation, with proposals to enhance the choice, quality and security of housing for senior citizens.
UK Government edict says all high-rise homes should be made safe by 2030
The Remediation Acceleration Plan is the first scheme to set a deadline for completing work on all buildings in England with unsafe cladding. So far, only 30% of known at-risk buildings have been fully remediated, and it’s estimated that as many as 7,000 are still to be identified. Building Safety Minister, Alex Norris, MP, stated three aims; to fix buildings faster, identify all those with unsafe cladding, and support vulnerable residents.
Leasehold reforms see further consultations and regulating managing agents
Housing Minister Matthew Pennycook MP candidly admitted that the current Act contains flaws requiring further legislative action and has unveiled a series of consultations and measures. He has also committed to strengthening the regulation of managing agents, including as a minimum, mandatory professional qualifications.