Fleeced On The Freehold

Up to 1.3 million homeowners could be trapped in freehold contracts that tie them to rising and unregulated fees. Many new-build estate residents who already pay council tax are being charged uncapped 'management fees' if their local authority does not take on the upkeep of the area. Campaigners are calling it 'the new leasehold scandal' and say homeowners are now struggling to sell or remortgage. Read more on Mailonline.

https://www.dailymail.co.uk/money/mortgageshome/article-7601941/Toxic-leaseholds-banned-firms-cashing-freeholds.html

Homelessness: Finance – House of Lords Written Answer

Baroness King of Bow: To ask Her Majesty’s Government, further to the announcement in the Autumn Statement, what level of funding will be made available to local authorities in 2017–18 to replace the management fee currently paid for each homeless household in temporary accommodation.

Baroness Williams of Trafford: The Spending Review and Autumn Statement announced that funding of the Temporary Accommodation management fee will be devolved to local authorities from 2017/18, giving them more freedom and flexibility in how they use this funding. Current levels of funding will be maintained and, in addition, councils will receive £10 million a year more.