Andy Burnham PM – Leasehold reforms to be brought in this parliamentary session.

Andy Burnham has said he is planning to reform the leasehold system in this parliamentary session.

Answering questions in the chamber, the PM says he wishes to fix the “unfair system” – and lays out a timetable for changes.

He says: “I’m looking at every facet of the cost-of-living crisis and where people face unfair charges that they can’t avoid, and this area of leasehold is absolutely in that territory.

“It is my intention, the intention of the government, to bring forward that Commonhold and Leasehold Bill, so that finally we can reform this unfair system, and we will do that in this session.”

This parliamentary session began shortly before the summer recess in May, and was kicked off by Sir Keir Starmer after the local and devolved elections.

Each session typically lasts for around a year, although Labour’s first one since the general election lasted for about 22 months.

There are several sessions within each parliament (the period between general elections).

Source – Sky News 

Service Charge Index 2026

The Property Institute have released their service charge index for 2026 HERE.

The average service charge per leaseholder ranges from £1,525 in the lowest tenth percentile to £8,680 in the highest.

For buildings under 11m in height, the average service charge is £2,418.

Leaseholders, landlords and managing agents will certainly wish to read the full report for perspective.