Leaseholders: Management Companies

Lord Campbell-Savours Excerpts
Monday 20th May 2024

(4 months, 3 weeks ago)

Lords Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Lord McFall of Alcluith Portrait The Lord Speaker (Lord McFall of Alcluith)
- Hansard - - - Excerpts

My Lords, the noble Lord, Lord Campbell-Savours, is participating remotely.

Lord Campbell-Savours Portrait Lord Campbell-Savours (Lab) [V]
- View Speech - Hansard - -

My Lords, in conditions where leaseholder landlords living overseas remain uninterested in block management—their only interest being the rent—where in the Bill is the legal obligation on managing agents to supply management committees with the valid names and contact details of these overseas landlord owners, enabling the seeking of their support for an RTM? Where, with notice, absentee landlords fail to indicate whether or not they support an RTM, surely their interests should simply be ignored. Indifference should not block progress.

Baroness Scott of Bybrook Portrait Baroness Scott of Bybrook (Con)
- View Speech - Hansard - - - Excerpts

My Lords, we are looking more closely at this issue, because the noble Lord is right—sometimes it can be more difficult. We have also recognised the participation rates, which can be affected by foreign owners. We have listened to the arguments raised in Committee and by MPs in the other place, and we will continue to consider the issues raised.