Cap and regulate service charge fees billed by managing companies to home owners

Closed 74 signatures

What the petition asks

Regulate charges billed by managing companies and easier ways for homeowners to control what those companies do and have a say in how they manage finances. Possibly introduce a cap on service charge or make sure they are not taking advantage of homeowners overcharging for services in the building

There is no regulation for these managing companies therefore they can charge fees for their charges that are made up so they can earn from it. The monthly fees charged for these services, which most of the time are not even performed during the year, are equivalent to a rent which make owning a house pointless at this point.

Timeline

19 Mar 2020	Petition opened for signatures
19 Sep 2020	Closed to new signatures

Key facts

Signatures 74

Status Closed

Opened 19 Mar 2020

Closed 19 Sep 2020

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