Submitted on Friday 29th July 2011
Published on Monday 12th September 2011
Current status: Closed
Closed: Wednesday 12th September 2012
REGULATION OF RESIDENTIAL ESTATE MANGING COMPANIES
There is an urgent need to regulate the provision of estate managing services to residential leasehold properties. The UK has seen an incredible increase in the number of leasehold flats without the regulatory system in place to ensure that Leaseholders are protected. The Estate Managing Industry is totally unregulated with the only entity in place being ARMA a Trade Body financed by the Estate Managing Industry therefore hardly impartial. Parliament must address this area to ensure fairness and transparency
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