Commonhold and Leasehold Reform Debate
Full Debate: Read Full DebateStella Creasy
Main Page: Stella Creasy (Labour (Co-op) - Walthamstow)Department Debates - View all Stella Creasy's debates with the Ministry of Housing, Communities and Local Government
(1 day, 7 hours ago)
Commons ChamberI have made it clear to the House that we have already set out proposals to strengthen the regulation of managing agents. Those proposals are not the summit of our ambitions; there is more to come. I say to the hon. Gentleman and generally to the House that managing agents will play an even more important role as we progress towards a commonhold future. We must therefore end the abuse and poor service from unscrupulous managing agents that so many leaseholders face.
I thank the Minister for his diligent work on this issue. I know that we all appreciate his expertise, as will my constituents in Walthamstow who are leaseholders with Clarion and who, in the last year, have seen their ground rents go up from £200 to £650 and now this year to £857, including an admin fee. What can the Minister say to reassure my constituents that there will not be loopholes in the cap and that we will ensure that all charges are included in the £250 limit?
It is certainly not our intention to allow any loopholes into the legislation. That is precisely why we have brought forward a draft Bill rather than a final product. Such is the complexity and technical nature of the reform we are enacting that the additional and enhanced scrutiny to be provided by the Housing, Communities and Local Government Committee will be invaluable.