God-Tier property and estate management
Vixus Property Management’s knowledge centre is an area where you can find information and guidance in relation to your property and the management that you can expect to receive. We provide a list of the most frequently asked question as well as the latest industry and regulatory information.
Knowledge Centre
Property Management Regulations
The below provides you with links to various Government funded, trade bodies and advisory groups to give you as the leaseholder more insight to your rights and what you should expect from a managing agent, you building and your service charges.
1/ ARMA – Association of Residential Managing Agents
ARMA is the leading trade association for residential leasehold management. ARMA was founded in 1991 to bring together professionals involved in private residential block management. We:
- Set high standards in residential block management
- Require our members to meet those standards
- Provide technical advice and guidance to our members
- Produce information and advice notes for leaseholders
- Run training courses on the leasehold system
- Promote professionalism in property management
- Campaign for improvements in relevant legislation and policy
Follow the link to find out more about ARMA https://arma.org.uk/
2/ RICS – Royal Institute of Chartered Surveyors
RICS is a globally recognised professional body. RICS promote and enforce the highest professional standards in the development and management of land, real estate, construction and infrastructure. RICS also provide a Code of Conduct for residential service charge management.
This Code, now in its third edition, has been approved by the Secretary of State and is effective from 1 June 2016. It applies only to residential leasehold properties in England but practitioners operating in other parts of the UK are encouraged to follow the best practice guidelines contained in the Code.
Service Charge Residential Management Code, 3rd Edition – https://www.rics.org/uk/upholding-professional-standards/sector-standards/real-estate/service-charge-residential-management-code/
RICS – https://www.rics.org/uk/
3/ Leaseholder Advisory
Leasholder Advisory can provide initial advice and guidance on residential long leasehold (that is, a flat or house with a lease longer than 21 years) and park homes law. They also advise on fire safety to those leaseholders living in high-rise buildings.
The advice provided is outline, summary, legal advice enabling you to make an informed decision as to what appropriate action you may need to take next.
Leaseholder Advisory – https://www.lease-advice.org/