Pennycook Sets Out 2025 Priorities for LEASE

www.tpi.org.uk

Housing Minister Matthew Penncook has written the Chair of the Leasehold Advisory Service (LEASE), Martin Boyd, setting out the government’s priorities for the organisation for the year ahead.

“As you know, I value the work LEASE does and I appreciate the energy you and the new Board have brought to its operation,” Penncook wrote. “As I made clear to you during our constructive introductory meeting in September, the government believes LEASE has a vital role to play as an independent source of trusted advice to residential leaseholders and park home residents.

“That role will only grow in importance as we work to increase the pace of building safety remediation and advance our ambitious leasehold and commonhold reform agenda. The government is determined to honour the commitments made in our manifesto and do what is necessary to finally bring the feudal leasehold system to an end.”

In summary, Pennycook said the priorities for LEASE in 2025 are as follows:

  • Improving and modernising the core advice service
  • Improving data collection and analysis
  • Leading the effective coordination ofthe redress landscape
  • Delivery of the Business Plan and Key Performance Indicators

“I am grateful for the continued efforts of you and your Board to deliver improvements and high-quality outcomes,” Pennycook concluded. “I look forward to seeing LEASE continue to develop over the coming year and meeting you to discuss progress towards the above priorities on a regular basis.

“The importance of maintaining an open, honest and trust-based partnership supported by the principles set out in relevant government guidance cannot be overstated. I look forward to seeing the delivery plans for this remit in your new three-year strategic plan and business plan ahead of the next financial year.”

The Property Institute are a professional body for residential property managers in England, Scotland, and Wales. Formed by the merger of ARMA and IRPM, we stand as a trusted and credible voice, committed to driving standards in the sector to make a positive difference for our members, clients, and residents.

The Property Institute | 020 3319 7575 | info@tpi.org.uk

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