P-06-1194 To legislate to give freeholders in new build properties the right to manage their own estates
This petition was submitted Peter Black, having collected a total of 242 signatures.
Text of Petition:
The Commonhold and Leasehold Reform Act 2002 gives leaseholders the right to acquire the landlord’s management functions by transfer to a company set up by them. This same right does not apply to freehold owners on new developments, who have to pay a service charge to a company appointed to manage their estates. As a result they have no control over the amount of their service charge or maintenance issues. There needs to be reform to protect homeowners from excessive charges and poor management.
There is more information on fleeceholding here: https://hoa.org.uk/2016/11/problems-facing-freeholders-new-developments/
The Committee noted that the petitioner is satisfied with the response from the Minister. It therefore thanked the petitioner for highlighting this issue and agreed to close the petition.
Full details of the consideration of this petition by the Committee and related documents can be seen on the Meetings tab above.
It was first considered by the Petitions Committee on 01/11/2021.
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Business type: Petition
Reason considered: Senedd Business;
Status: For consideration
First published: 19/10/2021