News Round Up 25/07/2024

Thursday, 25 July 2024

The Independent: Leaseholders sue over ‘scandalous’ mystery insurance fees taken by freeholders and worth thousands of pounds. Leaseholders to mount High Court battle over ‘national scandal’ of hidden commissions on soaring insurance fees post-Grenfell
Read the full article here by The Independent 

 

Inside Housing: The firm will argue that charging secret commissions on insurance premiums is unlawful, as leaseholders were never told and therefore did not give “informed consent”. As a result, these commissions remain the property of leaseholders.

Read the full article here by Inside Housing


Law 360: The Leasehold and Freehold Reform Act 2024 that became law in May aims to give homeowners more power and protection and will render secret commissions unlawful. But the measures are not yet in force and will not be retrospective.

Read the full article here by Law 360