This petition was submitted during the 2015–2017 Conservative government
Petition Protection to leaseholders/residents to avoid exploitation from Property Mgt Co.
Many Property management companies exploit their position by charging excessive fees whilst providing a very poor service. They hide behind a 91 year old law to justify their actions when in reality they are just taking advantage of the situation to make more profit for the company.
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Service charges go up every year without any improvements to the estate. Deficit charges are regularly added onto accounts because of poor budgeting. Expensive Insurance policy's and contracts are taken out and charged back to the leaseholders when they are available a lot cheaper elsewhere. Many leaseholders would like 'the right to manage' themselves but this can be a long winded process which can put many off.
This petition is closed This petition ran for 6 months