L&Q sees the flaw in its 80% price rise

Money, Consumer affairs, Consumer rights, Leasehold, Property, UK news Business | The Guardian

​Leaseholders were faced by a huge increase in service charges, which the housing association now realises was a mistakeLast month I reported how residents on an estate run by the housing association L&Q had seen their monthly service charge rise by nearly 80% in two years.Leaseholder DS feared he might be priced out of his home after his charges jumped by £66 a month this financial year, following a £38-a-month rise in 2023. Continue reading… 

Leaseholders were faced by a huge increase in service charges, which the housing association now realises was a mistake

Last month I reported how residents on an estate run by the housing association L&Q had seen their monthly service charge rise by nearly 80% in two years.

Leaseholder DS feared he might be priced out of his home after his charges jumped by £66 a month this financial year, following a £38-a-month rise in 2023.

Continue reading… 

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