Leaseholders to get clearer information about service charges

Leaseholders to get clearer information about service charges

Housing minister Matthew Pennycook said that existing leaseholders ‘will not be left behind’.

Government confirms leasehold fee crackdown

The government has confirmed leaseholders will be given clearer information about service charges and stronger protections against unfair costs, in reforms set out in the Leasehold and Freehold Reform Act 2024 (LFRA). Following consultation with leaseholders, landlords and industry groups, the government will proceed with a series of measures to increase transparency around service charge costs. The changes, set to come into force from 2027, inc…