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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, ... Read More ...

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Friday 1 August 2014

ARMA welcomes CMA proposals to improve the leasehold residential market

Today’s proposals by the Competition and Markets Authority (CMA) to address problems in the workings of the residential leasehold property management market have been broadly welcomed by the industry’s trade body, ARMA.

Ben Jordan, ARMA’s Chairman, said:

“This is a welcome initiative by the CMA that could improve the sit... Read More ...

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It started at the last AGM. We had just appointed six new Council members. A question was asked from the floor: Why are there so few women on the ARMA Council?

Like an iceberg, this topic is the visible tip of a much wider, submerged issue. In order to stand for Council, candidates must be a director or in a senior management position. Ideally, they will also be the ARMA corporate representative for their firm.

If we take corporate reps as an indication of eligibility for council ... Read More ...

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A recent amendment to the Government's Flood Re proposals means that small blocks of leasehold flats will now be included in the new scheme.

Earlier this week DEFRA confirmed that properties with three flats or fewer will be able to secure affordable flood insurance under Flood Re. But there are conditions. Those buildings will only be covered if the freeholder lives in one of the units, or if the insurance is purchased by a leaseholder who has a share of the freehold.

ARMA shares the... Read More ...

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ARMA responds to OFT proposals

13th January 2014|POSTED BY: Admin

Last month, the Office of Fair Trading (OFT) announced its intention to undertake a market study into residential property management.

ARMA welcomes the OFTs proposal. It provides the opportunity to examine the issues affecting the industry and achieve real improvement in the operation of the market for consumers.

ARMA considers the top priorities for action to improve the operation of the market are:

  • Awareness-raising and education: to help leaseholders to become bette... Read More ...

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