UK Housing Secretary Promises Reform: “Transparency Is Coming”

Property management branded the “Wild West” by government. UK Housing Minister Matthew Pennycook has pledged to crack down on the property management sector, labelling it a “Wild West”. Under new proposals, managing agents will be required to disclose service charges, and meet minimum qualifications. The reform aims to protect over 5 million leaseholders across England

UK Housing Secretary Promises Reform: “Transparency Is Coming”

Property management branded the “Wild West” by government. UK Housing Minister Matthew Pennycook has pledged to crack down on the property management sector, labelling it a “Wild West”. Under new proposals, managing agents will be required to disclose service charges, and meet minimum qualifications. The reform aims to protect over 5 million leaseholders across England

News

Property management branded the “Wild West” by government.

UK Housing Minister Matthew Pennycook has pledged to crack down on the property management sector, labelling it a “Wild West”.

Under new proposals, managing agents will be required to disclose service charges, and meet minimum qualifications. The reform aims to protect over 5 million leaseholders across England and Wales from exploitation and confusion.

🔗 Source – The Guardian
#HousingDisrepair #LeaseholdReform #TenantRights #MiyaHousingLaw

This update is provided for general information only. It is not legal advice and should not be relied on as a substitute for advice tailored to your circumstances.

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