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Regulate service charges on properties

Unlike, for example with financial advisors, property managers are unregulated. The company set the charge and “deliver” the service. Without regulation, it is near impossible for leaseholders to resolve cases where the charge is excessive for the service level. Regulation is desperately needed.

If service charge is excessive, current options are:

Pay up. Money makes the world go round!

Fire the firm IF you can get a enough leaseholders, and money. Hope the next ones better!

Formal complaint, court or a tribunal. All require significant time, courts/tribunals require money. Neither likely to succeed since proving wrong without any regulations to define “wrong” is near impossible against their lawyer armies. Also, all formal proceedings are public, potentially devaluing your property.

Sign this petition This petition is still open for signatures. If you want to sign it you need to go to the official government e-petition website. Then come back here to debate it with other contributors to Repetition.me!
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Currently ranked 1,768 out of 1,785 open petitions, and 49,905 out of 111,867 petitions ever created.

Status

Open

Created By

Lucy Antrobus

Created On

Tuesday 5 February 2019

Closing Date

Monday 5 August 2019

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