Context
The MP met with the Church Commissioners to discuss high service charges faced by leaseholders on the Hyde Park estate.
Question
What steps the Church Commissioners are taking to ensure value for money for leaseholders. I thank my hon. Friend for the time she spent with me and my constituents of the Hyde Park estate to discuss tackling some of the high service charges they are facing. Does she agree that it is vital that the Government continue to make progress on the regulation of managing agents so that these high costs are clamped down on and there is more accountability for leaseholders?
Answer from Marsha De Cordova
I commend my hon. Friend for all the work she is doing on this important issue, which affects many constituencies, and it was a pleasure to meet her and members of that residents association. We all know that many managing agents behave in ways that are not fit for purpose. It is absolutely right that we need legislation to deal with unscrupulous managing agents, because things cannot continue in the current vein.
Not addressed: The exact commitment to regulate managing agents and control high costs was not specified.
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