Leasehold Dwellings in England Face Soaring Service Charges Amid Ongoing Reforms
A BBC investigation reveals that leaseholders in England are paying, on average, £600 more in service charges annually than five years ago, with some facing increases of over 400%. As the leasehold system dates back to the Middle Ages, recent government proposals aim to shift to a ‘commonhold’ system. With over 4.7 million leasehold homes in England, many residents feel trapped by escalating costs and are seeking guidance on challenging unreasonable charges, leading to discussions about potential reforms in the sector.