Petition To legislate to give freeholders in new build properties the right to manage their own estates
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/
and here: https://www.propertyweek.com/legal-and-professional/will-the-freehold-properties-bill-put-an-end-to-fleeceholding/5101043.article
The Petitions Committee will consider this petition
All petitions with more than 50 signatures will be discussed by the Petitions Committee after they have finished collecting signatures
At 10,000 signatures...
Petitions with more than 10,000 signatures will be considered for a debate in the Senedd