Property management companies managing privately owned properties have some regulations, however, we think they are insufficient as some leaseholders and tenants are being charged fees which we believe are extortionate as there is no maximum that they can charge.

Currently, charges should be "reasonable", which we feel is very open to interpretation. With current cost of living pressures, many people might not be able to fund the fees that management companies are charging. We feel the charges are often nonsensical. If the people could retain these funds they might use it in a more beneficial way to support the country's economy.