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ARMA responds to CMA plans for leasehold sector after consulting members

25th September 2014|POSTED BY: Admin

Managing agents’ trade body, ARMA, has welcomed proposals to tighten up the leasehold property sector. Responding to proposals from the Competition and Markets Authority (CMA), ARMA Chairman, Ben Jordan said:

“We fully support the attempts being made to raise standards in property management. Action to encourage best practice in the sector is welcome and we will continue to promote the highest standards in property management through our self-regulatory regime, ARMA-Q. But, let’s not forget leaseholders, who need to know what their rights are and anything that can be done to help them become more informed is welcome.”

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