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The Guardian - UK
The Guardian - UK
Business
Kiran Stacey Political correspondent

Property management firms that rip off leaseholders could be banned under Labour

Best Lisa Nandy England Wales
People at a leaseholders rally in Parliament Square in 2021 hold up placards with messages including 'Justice for leaseholders' and 'abolish leasehold now'
A leaseholders rally in Parliament Square in 2021. About 10 million Britons own their homes through leasehold. Photograph: Stephen Chung/Alamy

Property management companies would be banned from operating in England and Wales if they persistently ripped off leaseholders, under plans being considered by Labour.

Lisa Nandy, the shadow housing secretary, is looking at proposals to clamp down on the sector, amid complaints from leaseholders about escalating fees and essential maintenance being left undone.

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