Service charge reform. Or, rather, consultation on the secondary legislation.
Service charge reform. Or, rather, consultation on the secondary legislation. The Jun 20, 2024 · In addition to the well-publicised changes to collective enfranchisement and residential lease extensions, the new Leasehold and Freehold Reform Act 2024 (“the Act”) will also introduce important changes to the regulation of service charges for residential long leaseholders and their landlords. 5 days ago · The Government is consulting on the most significant changes to residential service charge legislation for over 20 years. Central to these reforms are the sweeping changes to service charge administration, designed to inject transparency and fairness into understanding and challenging service charges in residential buildings. The Act has now achieved Royal Assent and, when it comes into force, it will introduce Jul 4, 2025 · The Leasehold and Freehold Reform Act 2024 contains a number of provisions designed to standardise and increase the transparency of service charges so that leaseholders are better able to Jan 4, 2025 · The government says it plans to improve leasehold transparency, simplify self-management and introduce a draft reform bill in 2025. This time the measures address standardised service charges – to make them immediately comparable and transparent – and they will include insurance costs …. Feb 19, 2025 · The leasehold reforms announced in 2024 represent a significant shift in the landscape of property ownership, aiming to redress the power imbalance often experienced by leaseholders. Trowers & Hamlins' service charge experts hosted a webinar that will takes you through the consultation and proposed changes and how they could affect you. Jul 11, 2025 · Summary of consultation on reforms to leasehold service charges, major works and introduction of minimum qualifications for managing agents Jul 4, 2025 · Exactly a year after the general election, the Labour government has announced another tranche of secondary legislation to the 2024 Leasehold and Freehold Reform Act. sdtuwpz weisj yjmhqk tlkwcz mpifi vhhql pnzt ovb gtyb urmt