00:00Former Housing Secretary Angela Rayner has urged ministers to go further in regulating
00:05managing agents as leasehold reforms move through Parliament.
00:09The draft bill would cap ground rents at £250 a year and ban the sale of new leasehold flats.
00:16It would also give homeowners greater control over building management.
00:21However, it does not yet introduce a dedicated regulator for managing agents or specific
00:27measures on service charges.
00:28Rayner told MPs stronger action is needed.
00:32Former Conservative Housing Secretary Michael Gove welcomed much of the bill but called for
00:38faster reductions in ground rents.
00:40Freeholder representatives warn of unintended financial consequences.
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