Crippling leasehold service charges to be subject of City Hall probe

Crippling leasehold service charges to be subject of City Hall probe

EXCLUSIVE: Officials are concerned that high service charges may leave leaseholders struggling to afford homes, including those intended to be affordable

City Hall to launch probe into high service charges for London leaseholders

More than a third of housing stock in London is leasehold, with owners liable to pay service charges imposed by freeholders, reports Kumail Jaffer, Local Democracy Reporter Sadiq Khan has been urged to impose a cap on leasehold charges City Hall will launch a probe into how high service charges are impacting London’s housing crisis, the Local Democracy Reporting Service (LDRS) can reveal. The Greater London Authority (GLA) has reached out to mem…

City Hall to investigate London's soaring service charges - The Greenwich Wire

City Hall is to investigate how high service charges are affecting London’s housing crisis after assembly members found that an average household was paying nearly £4,000 per year in fees. The Greater London Authority, which is headed by the mayor, Sir Sadiq Khan, has approached the London Housing Panel – a group set up to […] The post City Hall to investigate London’s soaring service charges appeared first on The Greenwich Wire.