On 19 March, we published a full impact assessment for the draft Commonhold and Leasehold Reform Bill. The hon. Gentleman will be aware that we are also consulting on precisely how to introduce a ban on the use of leasehold for new flats, including in respect of issues such as scope, transitional arrangements and exemptions.

I thank the hon. Gentleman for his well-judged question. Let me reassure him that the Government understand the distinct operational and financial models that underpin specialist retirement housing, and that we recognise the important role that integrated retirement community operators play in providing high-quality housing for older people. As he is hopefully aware, the way in which the retirement housing sector functions in a world in which commonhold is the default tenure, and whether some kind of exemption is required, are among the many questions we are seeking feedback on in our consultation on moving to commonhold and banning leasehold for new flats. I encourage him and any operators in his constituency to engage with that consultation.

I absolutely agree with my hon. Friend. High and ri [2D [K rising service charges are putting unprecedented financial pressure on leas [4D [K leaseholders. They are also causing more and more issues with mortgages and [3D [K and remortgaging processes. On her point about managing agents: yes, managi [6D [K managing agents absolutely should meet with residents who have concerns, ei [2D [K either collectively or individually.