Industry comment, updates and news from the Websters team.

This is the self-regulation society

Monday, December 8th, 2014 in Commercial, Landlord, Managing Agent, News, Residential

Lynn James of dwf has highlighted a report in Estates Gazette about the fact that the leasehold management sector is currently unregulated. This has led to inconsistencies in the way in which leasehold schemes are managed. ARMA previously lobbied Government for many years for a statutory regulatory scheme and, although this was considered by the Labour administration, the coalition Government decided in 2010 not to proceed with the proposals. In response to this the ARMA-Q regime has been formulated.

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